^^^^ I agree to all the above, it's such a pain for, for example, VIA or GO to run their services adequately since CN or CP owns everything. Hopefully they'll buy some back, there was an article about that earlier.
On the topic of CN, is it really doing that well as a private venture??? I mean safety-wise, they had dozens of derailments, some of them fatal, and most of them spilling hazardous waste. Then later when it bought BC Rail, it used cars designed for the Prairies on the high mountain passes, resulting in even more derailments. There has been an inquiry by the government for months now, but nothing is being done.
Now that I think about it, privatization of gov't owned companies has gone horribly wrong in Canada. After all, Air Canada went bankrupt right after privatization. Potash Corp. was privatized and then it struggled, and then it held back supply of potash to keep prices high, and is now valued at almost $63 billion.
It's funny how Saskatchewan actually created so many crown corporation, its surreal. I really do applaud them, because water and power are essential to survival, and should never be in the hands of private corporations.
One question though, while reading all this, it said Hydro One was a private company, but wholly owned by the Ontario Government. Isn't that a crown corporation, what is the difference??
