This article brings up the issue of whether it is the responsibility of the federal government to intervene? Perhaps - especially in the current economic climate - Canada should develop a more mixed market economy (and less capitalist) with the federal government nationalizing such industries. Once nationalized, the federal government would be able to proportionally re-distribute profits among provinces.
Sunday, November 1, 2009
New Brunswick sells assets
For $10 billion, the government of New Brunswick has sold its power assets to Hydro Quebec. Power describes this as New Brunswick give up its "sovereignty power assets" for the quick fix of "immediate fiscal relief".
This article brings up the issue of whether it is the responsibility of the federal government to intervene? Perhaps - especially in the current economic climate - Canada should develop a more mixed market economy (and less capitalist) with the federal government nationalizing such industries. Once nationalized, the federal government would be able to proportionally re-distribute profits among provinces.
This article brings up the issue of whether it is the responsibility of the federal government to intervene? Perhaps - especially in the current economic climate - Canada should develop a more mixed market economy (and less capitalist) with the federal government nationalizing such industries. Once nationalized, the federal government would be able to proportionally re-distribute profits among provinces.
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