Quote:
Originally Posted by acottawa
The Federal Government owns very little infrastructure. Most of its infrastructure is already leased out (e.g. the airports and ports). Outside of niche areas like national parks and military bases, Via is pretty much the start and end of the list.
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The airports aren't really "leased out" per say, as airport authorities in Canada such as GTAA are just set up as non-profit quasi crown corporations. Same issue with the port authorities, which are just autonomous federal agencies.
Trudeau's epic failure in allowing pension funds to purchase a stake in Canada's airports is still a raw wound that has made Canadian pension funds weary from investing in our own country.
That's why this whole clown show where Trudeau and the Canadian oligopolies are publicly pressuring Canadian pensions to invest more in Canada is nothing more than political farce. The whole reason Paul Martin ring-fenced our pensions is to protect them from this kind of idiotic political interference that impacts the integrity of our pension funds.
If Trudeau wants more lending/investment to go to Canadian businesses, then stop backstopping the mortgage market and the real estate super bubble, and make it more lucrative for banks to redirect their lending from residential real estate to the real economy.