this post was submitted on 24 Jun 2023
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Honestly I'd love to see companies that are owned by the government but exist to make money.
It would be widely unpopular as a business model, but how else do you manage public infrastructure without falling deep into corruption?
We used to have them. They were called Crown Corporations and were in the hands of the provinces that they resided in. However, almost all of them have been sold to private companies instead of being maintained as publicly/government owned services. Saskatchewan still has a few left, but there is a push within the Sask Party to sell them out from under the province.
Weird how as the crown corporations have disappeared everything in Canada has gotten more and more expensive π€
It's almost like crown corporations make a profit to fund their service, and corporations make a profit to figure out how to make a bigger profit.
I think you're on to something here...