Quote:
Originally Posted by SebC
I think you guys are missing the point:
Either the government would get a good deal from CPP, in which case CPP gets a bad deal from the the government.
OR
The CPP would get a good deal from the government, in which case the government gets a bad deal from the CPP.
OR
The government wouldn't tell the CPP what to do at all, in which case this isn't a real policy.
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In order for the government to get both low interest rates for its capital investments, and CPP to get high rates of return, it is mathematically necessary that their business is not with each other. It seems that the Liberals may be selling this as the financial equivalent of a perpetual motion machine.
And I still prefer them to Harper.
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I'm not sure I understand what you're saying here. Lets say the project was the 407 in Ontario, so basically CPP pays and builds this, and then operates it for the return. The citizens get the infrastructure piece, the CPP gets the profits. Seems to make sense and no one is losing much because presently these projects are run by corporations anyway.