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Old 05-01-2024, 12:04 PM
jstubbs jstubbs is offline
 
Join Date: May 2016
Location: Parkland County
Posts: 2,395
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Sigh. Why does the pipeline need to be sold? Why not keep it under crown corp so our future generations can enjoy prosperity? Instead, we’re going to sell it to the private sector corp at a likely $10-15,000,000,000 write down. Some estimated say after interest+debt repayments it’ll likely churn a profit for years to come.

Of course, Canadian taxpayers don’t deserve to reap the benefits of publicly paid for infrastructure, only shareholders (or worse, foreign private equity). I mean christ, it’s a pipeline, even if the operates it rather inefficiently, as long as the line maintains solid uptime it’s all negligible given the revenue it can produce.
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