Trump’s tariff threats are a wake-up call. Instead of fearing U.S. trade moves, Canada must tackle its internal monopolies to boost competition and growth.
From airlines to banks, fixing Canada’s competition problem starts with smarter domestic reforms.
I think we’re on the same page. The idea that Crown corporations need to turn a profit is pretty ridiculous. It’s a management framework. They should at least operate on a cost recovery basis within reason though. But the emphasis is to provide the service.
Yeah. For a government organization, turning a profit is stolen wages. Though a mandate to run zero profit can create a perverse incentive to ‘spend money on lose it next year’. I’m not sure how to deal with that on a policy level but I’d like to see ideas on it.
When Hydro Québec generates more revenue than their annual plan, they jsut give a check/refund to customers.
When SAAQ had massive revenues due to basically no insurance claims in 2020 thanks to COVID, they gave a massive rebate on the following year’s premiums.
Both those crown corps are allowed to have revenues, they just need to be planned for.
I think we’re on the same page. The idea that Crown corporations need to turn a profit is pretty ridiculous. It’s a management framework. They should at least operate on a cost recovery basis within reason though. But the emphasis is to provide the service.
Nice! Breaking even should be the highest goal for a Crown corp, turning a profit means you are delivering less of a service than you could.
Yeah. For a government organization, turning a profit is stolen wages. Though a mandate to run zero profit can create a perverse incentive to ‘spend money on lose it next year’. I’m not sure how to deal with that on a policy level but I’d like to see ideas on it.
When Hydro Québec generates more revenue than their annual plan, they jsut give a check/refund to customers.
When SAAQ had massive revenues due to basically no insurance claims in 2020 thanks to COVID, they gave a massive rebate on the following year’s premiums.
Both those crown corps are allowed to have revenues, they just need to be planned for.