Quote:
Originally Posted by Harry Lime
I'm not talking about subsidizing the private sector to build infrastructure. I'm talking about government ownership of infrastructure. It resets the economic feasibility of large projects.
Ever since governments started selling off utility assets, it was the end of the line for new large public owned resources. Why?
Also, it wouldn't be running at a loss, it would run at break even (with a reserve). Eliminating the cost of building and restructuring the financials to include secondary and tertiary income resulting from the resource, would help the people (the province as a whole). Private companies be damned.
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The capital to build it is capital that has been reallocated from the private sector. That's capital that would have been deleted deployed more effectively elsewhere.