Quote:
Originally Posted by Slava
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.
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If run properly, it looks like this:
- CPP fronts the cost, but gets a reliable return on investment via tolls;
- Citizens get much needed infrastructure improvements, which are paid for by the users over time, rather than from the common purse; and
- The gov't gets tax revenue from the economic boost of the infrastructure without having to borrow to front the costs
The author of the "article" tries to undermine the idea by saying that: "The Liberals have promised to be hands off as to management, but the Liberals are proven liars, so it's clearly a veiled scam."