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by b112 1598 days ago
FYI, corps like Bell Canada, Telus, BCttel were not government owned, department or crown corp.

They were just highly protected by government regulation. The only ones allowed to do certain things, along with mandated Canadian ownership requirements. They had a defacto monopoly.
1 comments
ygjb 1598 days ago
Yeah, I am talking about Crown Corporations like MTS, Petro-Canada, BC Ferries, and such that were taken private, not the telecoms protectionism that is currently screwing over consumers in Canada, they are quite different.

I don't object to open markets, but I also think there is a space for crown corporations with a mandate to operate competitively (which strong oversight) for the benefit of Canadians (or citizens of $your_nation)

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b112 1598 days ago
There is. I found Petro Canada to be a fascinating use case too.

Inject yourself into an absurd market, with price fixing, to force competition.

And in the long term, it profited us quite well, including as we sold it off.

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