YWG is the airport serving the metropolitan Winnipeg area that is ultimately managed and owned by the federal government. The airport has positive operating cash flow and positive returns on assets, equity, and capital employed. But as it stands, the airport’s debt...
Crown Corporations
No Wow and No Ow at YOW: A Valuation & Strategic Appraisal of Ottawa MacDonald-Cartier International Airport
Divesting YOW will free Ontario taxpayers Privatizing Ottawa International Airport WINNIPEG, MB, March 30, 2020 - The Frontier Centre for Public Policy has just released No Wow and No Ow at YOW: A Valuation & Strategic Appraisal of Ottawa MacDonald-Cartier...
The Raven Still Has Tricks Aplenty – a Valuation & Strategic Appraisal of Vancouver International Airport (YVR)
Divesting YVR will benefit B.C. taxpayers Vancouver International Airport WINNIPEG, MB, February 2020 - The Frontier Centre for Public Policy has just released The Raven Still Has Tricks Aplenty: A Valuation & Strategic Appraisal of Vancouver International Airport...
Profits Soar on a Knife-Edge of ‘Net Assets’: A Valuation & Strategic Appraisal of Aéroports de Montreal (YUL)
Aéroports de Montréal, ‘ADM’, whose main asset, Montreal-Trudeau International Airport’s symbol is YUL, is the umbrella company for the airport serving metropolitan Montreal, domestically and internationally. Its market area is larger: most of Quebec and much of...
Featured News
A Year of LNG Royalties/Taxes from a Single Pipeline Could Pay for …
Sitting on top of one of the world’s largest and richest natural resource warehouses is turning into quite a disconcerting distraction. While much of Canada’s population – the heavily urban part for whom “rural” means Whistler, Muskoka, or Mont Tremblant – likes to...
Medical Martial Law – Never Again
The economic upheaval now roiling over the world’s financial markets, rapidly lowering living standards, and even threatening to freeze Europeans this winter, is all directly related to the radical decision most western leaders took in March of 2020., when a new...
Wendell Cox joins Global News to discuss the advantages, or disadvantages to implementing a High Speed Train from Vancouver to Portland. (~10 minutes)
Extremely Dubious Clientele, A New Name for Ottawa’s Export Development Corporation
The Federal Government’s Crown Corporation, Export Development Corporation (EDC), is in a big problem because it invested in a mining company, Turquoise Hill. Unfortunately, Turquoise Hill transferred a considerable amount of money offshore to minimize the taxes it...
Hydro’s Fate Shows Risk For All Crown Corporations
Manitoba Hydro’s Keeyask dam and Bipole III debacle — and the taxpayers’ probable assumption of much of its horrendous debt — were not inevitable, but Crown corporations have vulnerabilities that are inherent with being government-created and -controlled. Risk begins...
Manitoba Hydro’s current management issues are only a tiny part of the problem that this poorly-run public utility faces. It’s debt load is expected to reach $25 billion, endangering the province’s finances, compelling budget cutting, and hurting economic...
Graham Lane, retired Chair of the Manitoba Public Utilities Board and expert advisory panel member of the Frontier Centre discusses the mass resignation of the Board of Directors of Manitoba Hydro. He is the author of the 2013 Frontier Centre paper Dam Nation –...
A Valuation of SaskPower
Keeping Sask Power and being compelled to throw in more billions of dollars to keep it viable, or having an additional 15,000 teachers, nurses, or paramedics? This is the choice Saskatchewan would have if this Crown asset were sold. There are two generally accepted...
Toronto Hydro Could Cost Taxpayers Billions
Increasingly, Toronto Hydro Corporation poses an expensive risk to its customers and ratepayers, and indeed to all Toronto citizens. The century-old electricity distribution company’s aging equipment is breaking down, and the utility is having trouble keeping up with...
A Valuation of Toronto Hydro
Keeping Toronto Hydro or having an additional 15,000 teachers, nurses, or paramedics? This is a choice Toronto citizens may welcome if the asset were sold. There are two generally accepted methods for valuing a company: its intrinsic value as a cash-generating...
SaskPower: Paying The Way For Innovation
Summary SaskPower is a crown corporation established in 1929. With a staff strength of approximately 3200 permanent, full time employees, SaskPower supports growth and improvement of quality of life of nearly 528,000 customers spread across 652,000 square kilometres.1...