In Bill C-33, it is not clear where it actually makes the operating environment for the private sector more cost-effective, more nimble or more predictable. Those are things that attract private sector investment, and it appears that it adds more regulatory advisory bodies, more hoops and challenges for anybody looking to invest into the gateway, more procedures, etc. It is not clear that this would be attractive to the private sector.
Furthermore, with regard to existing private sector operators, if limits to borrowing powers of port authorities are further removed, or if there is less accountability and fewer checks and balances, this will further provide a cold-water shower onto investment from the existing terminal operators because they won't know what the cost burden will be.