Trump’s tariff threats are a wake-up call. Instead of fearing U.S. trade moves, Canada must tackle its internal monopolies to boost competition and growth.
From airlines to banks, fixing Canada’s competition problem starts with smarter domestic reforms.
It’s a natural monopoly and should be nationalized into Crown corporations.
So it can be destroyed like Canada post? Power, energy and telcos should be government owned and operated like the military. They are essential and their primary purpose should be to provide a service NOT turn a profit.
I think we’re on the same page. The idea that Crown corporations need to turn a profit is pretty ridiculous. It’s a management framework. They should at least operate on a cost recovery basis within reason though. But the emphasis is to provide the service.
Yeah. For a government organization, turning a profit is stolen wages. Though a mandate to run zero profit can create a perverse incentive to ‘spend money on lose it next year’. I’m not sure how to deal with that on a policy level but I’d like to see ideas on it.
When Hydro Québec generates more revenue than their annual plan, they jsut give a check/refund to customers.
When SAAQ had massive revenues due to basically no insurance claims in 2020 thanks to COVID, they gave a massive rebate on the following year’s premiums.
Both those crown corps are allowed to have revenues, they just need to be planned for.
So it can be destroyed like Canada post? Power, energy and telcos should be government owned and operated like the military. They are essential and their primary purpose should be to provide a service NOT turn a profit.
I think we’re on the same page. The idea that Crown corporations need to turn a profit is pretty ridiculous. It’s a management framework. They should at least operate on a cost recovery basis within reason though. But the emphasis is to provide the service.
Nice! Breaking even should be the highest goal for a Crown corp, turning a profit means you are delivering less of a service than you could.
Yeah. For a government organization, turning a profit is stolen wages. Though a mandate to run zero profit can create a perverse incentive to ‘spend money on lose it next year’. I’m not sure how to deal with that on a policy level but I’d like to see ideas on it.
When Hydro Québec generates more revenue than their annual plan, they jsut give a check/refund to customers.
When SAAQ had massive revenues due to basically no insurance claims in 2020 thanks to COVID, they gave a massive rebate on the following year’s premiums.
Both those crown corps are allowed to have revenues, they just need to be planned for.