From airlines to banks, fixing Canada’s competition problem starts with smarter domestic reforms.

  • Rob Bos@lemmy.ca
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    19 hours ago

    Yeah. It’s a natural monopoly and should be nationalized into Crown corporations. This would allow the natural monopoly to be kept as minimal as possible and prevent it being used to leverage into other markets.

    If BC Tel owned all the cellphone towers and fibre lines, we wouldn’t have all these bullshit shenanigans with locking 3rd-party providers out of the market - they’d ALL be third-party providers.

    • Cyborganism@lemmy.ca
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      12 hours ago

      Not to mention that the infrastructure would be spread even further, like electric lines, connecting remote places.

    • Nik282000@lemmy.ca
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      19 hours ago

      It’s a natural monopoly and should be nationalized into Crown corporations.

      So it can be destroyed like Canada post? Power, energy and telcos should be government owned and operated like the military. They are essential and their primary purpose should be to provide a service NOT turn a profit.

      • Rob Bos@lemmy.ca
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        18 hours ago

        I think we’re on the same page. The idea that Crown corporations need to turn a profit is pretty ridiculous. It’s a management framework. They should at least operate on a cost recovery basis within reason though. But the emphasis is to provide the service.

        • Nik282000@lemmy.ca
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          18 hours ago

          Nice! Breaking even should be the highest goal for a Crown corp, turning a profit means you are delivering less of a service than you could.

          • Rob Bos@lemmy.ca
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            18 hours ago

            Yeah. For a government organization, turning a profit is stolen wages. Though a mandate to run zero profit can create a perverse incentive to ‘spend money on lose it next year’. I’m not sure how to deal with that on a policy level but I’d like to see ideas on it.

            • Nouveau_Burnswick@lemmy.world
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              10 hours ago

              When Hydro Québec generates more revenue than their annual plan, they jsut give a check/refund to customers.

              When SAAQ had massive revenues due to basically no insurance claims in 2020 thanks to COVID, they gave a massive rebate on the following year’s premiums.

              Both those crown corps are allowed to have revenues, they just need to be planned for.