Privatization has many meanings to many people. Privatization, where I see the private sector owning and operating a port...it may or may not have issued shares. I think we only saw that in New Zealand and Australia, and it was for large, multi-purpose ports that could make a go of it. We're talking equivalent to the ports of Halifax and Vancouver. It was hard in our report to try to distinguish between large versus small versus fishing versus multi-purpose. We had to dig to find the right people to talk to and eventually get down to small craft harbours.
On June 5th, 2007. See this statement in context.