In most settings empirical studies show that privatization “works” in that the firms become more efficient, more profitable, and financially healthier, and reward investors
Selling Manitoba Hydro is smart public policy. Using the proceeds to endow individual citizens is an imaginative framework for the privatization.
The public sector should be accountable for the cost of its capital.
Last week brought new evidence of accelerating change in the telecommunications industry. Bell Canada announced it would pay a premium price for 20% of Manitoba Telecom Services. As part of the deal the two companies will form a venture, two-thirds owned by MTS, to provide business services in Alberta and British Columbia.
Why liquor retailing is not a core business of government..
The reasoning behind “single-desk” marketing has always seemed fishy, but the latest follies at the Freshwater Fish Marketing Corporation confirm that the enterprise has more to worry about than foul odors.
Manitoba Telecom Services, formerly a crown-owned telephone company, recently caused much hullabaloo when it applied to raise the rates for local service by 40% over five years.