#privatization

"Australia's airports are monopolists This situation has arisen because Australia's airports are, indisputably, monopoly operators. It is widely accepted that a private monopolist, as the sole producer of a service, is able to "use its market power to set prices that exceed costs, to the detriment of economic efficiency and social welfare." Regulation is intended to ameliorate these effects." "Airport privatisation has not delivered anticipated benefits Privatisation of Australia's airports promised to offer many benefits: more efficient management of assets, investment, and downward pressure on prices and airfares. Yet, in the absence of an effective regulatory regime, airport privatisation has ultimately resulted in higher costs for users: both airlines and passengers. This is starkly illustrated in the ACCC's most recent Airports' Monitoring Report." #CdnPoli #Privatization #Monopolization #Suckers

“The new regime cuts Canada’s marginal effective tax rate on new business investment by more than half, from 13 per cent to 6.4 per cent. The government says that is the lowest rate of any major advanced economy.” Great! Less revenue! Less services! More taxes on the rest of us! Go Liberal Government of Canada! Carney's really pulling out all the stops today. Selling the entire country -- to American investors -- down the Ottawa River because apparently this is how we make Canada Strong.🤪🤮 Gawd, I hate everything that is happening today. Everything. All of it. https://www.theglobeandmail.com/business/article-canada-investment-summit-live-updates-september-15/ #Carney #CanPoli #CdnPoli #Canada #USA #TradeWar #Privatization #PublicGood

And if you'd like to see some facts about Privatization in other jurisdictions, here’s a recent report from the Canadian Labour Congress. https://documents.clcctc.ca/PAC/2026/Public%20Runways,%20Private%20Profits%20(FINAL).pdf "Supporters of privatization point to Canada’s high relative airfares, the prospect of government revenue windfall, and the profitability of overseas for-profit privatized airports.” "Opponents cite Australia, New Zealand, Portugal, the United States of America, and the United Kingdom as documented cases of privatization producing higher airline and consumer charges, decreased service quality, workforce squeezes, and abuse of market power inherent to airports' status as natural monopolies. Estimates suggest that a private investor requires 15-20% more revenue than airports currently generate– and that gap can only come from fares, fees, wages, or reduced government rent.” Their conclusion: "Airport workers and air travellers should oppose this shift from the current publicly-owned, non-profit model. Under for-profit airport ownership, revenue must be extracted somewhere: consumers, workers, or the government will pay the price.” #elbowssomething #airports #privatization #sellout #transportation #greed #publicgood #airtravel #canada #canpoli #cdnpoli

Oh look! Carney is doing that thing absolutely NO ONE voted for him to do!! Selling out our public infrastructure to the highest bidder so we can all pay more for flights that are already expensive and for which we have no land based alternative! Weeeeeeeeeee #elbowssomething Sub headline of the article: “Fares rose 'massively' when Australia privatized its airports, expert says” But I bet the shareholder ROI was great! https://www.cbc.ca/news/politics/how-will-airport-privatization-impact-travel-9.7189042 #airports #privatization #sellout #transportation #greed #publicgood #airtravel #canada #canpoli #cdnpoli

Opposition MLA fears privatization 'creep' after P.E.I. partners with private MRI clinic The P.E.I. government's announcement that it would fund MRIs at a private clinic isn't sitting well with the Official Opposition. https://www.cbc.ca/news/canada/prince-edward-island/pei-private-mri-clinic-opposition-reaction-9.7297729?cmp=rss

@rms@mastodon.xyz Privatised fucking everything needs to stop. If is a necessary function, like aged care, public transport, education, roadways, electricity, water, health care etc etc etc Profit motive means profits are syphoned to owners not plowed back or used by authorities. Prices creep up and what was deceitfully sold as "more efficient" by corrupt politicians becomes minimum-effort, inefficient and after initial "competition" reverts back to a monopoly or a cartel. #privatization #privatisation #monopoly #diediedie

Privatization is essentially trickle-up economics. #privatization #neoliberalism #latestagecapitalism #ceos

If You Think ICE Detention is Bad Now, Privatization Will Make It Worse https://www.nytimes.com/2026/07/27/opinion/ice-immigration-detention-privatization.html #Immigration #Privatization #HumanRights

“The very same day that Premiers were discussing the need for provincial, territorial and federal collaboration to protect #healthcare access, #Alberta was quietly making moves to circumvent the #Canada #Health Act and further pave the way for two-tier, American-style health care" https://www.friendsofmedicare.org/oic_step_towards_two_tier #abpoli #cdnpoli #duplicity #privatization #privateinsurance #corporateTakeOver

Fascinating review of Seoul's disastrous Line 9, a subway line conceived and built and run privately. https://www.substack-bahn.net/p/hell-line-lessons-from-seouls-controversial #transit #Seoul #PublicTransit #Privatization

Greetings peons! The time has come once again for us to talk about the taxpayer’s wasted dollar! As a concerned citizen and... Get the full story The post Opinion: I’ll Say What We’re All Thinking: It’s Time To Privatize the Fire Department appeared first on HARDTIMES.

Under Carney, is Medicare still a Canadian value? American dark money-backed think tanks are applauding the PM’s hands-off approach to Alberta’s health care privatization Christopher Holcroft / July 2, 2026 #Canada #Alberta #privatization #healthcare #neoliberalism #austerity #cdnpoli #abpolihttps://canadiandimension.com/articles/view/under-carney-is-medicare-still-a-canadian-value