this post was submitted on 03 Mar 2025
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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.