Mr. Speaker, privatization works. CN Rail, Air Canada, and Petro-Canada have gone from costly wards of the state to profitable private sector employers, because investors got both profit and the risk.
By contrast, the Liberals will force taxpayers to take on the financial risk of infrastructure megaprojects while allowing billionaire bankers, like the ones the Prime Minister was schmoozing yesterday, to enjoy all the profit. Why should taxpayers get all of the risk while billionaire insiders get all of the profit?