Rather than impugning divestiture, the AGs report confirms that divestiture is the right approach. While it will take 7 or more years to recover the combination of divestiture costs and unfunded pension liabilities, the Government of Ontario will save and estimated $73 million annually afterwards according to the Auditor General's report.
Mrs. Maryon Pearson, famously witty wife of Canada's 14th Prime Minister the Rt. Hon. Lester B. Pearson, once said: "Behind every successful man, stands a surprised woman." Mrs. Pearson disliked politics and the demands public service placed on her husband and family. I wish she could have met my wife.
They call it "Black" Friday -- September 28th, the day passenger train service died in Northern Ontario. The loss of public transit has exposed a deep political divide between the north and south in Ontario. The train has always been the primary symbol of who we are as a region, and the decision to kill the Northlander will set the political discourse in Northern Ontario for years to come.
Besides cleaning up the yard, there's just one thing on my mind: what to do with the kids for the summer. The first thought is a road trip to visit my parents. That's a 30-hour drive and I know every kilometre of the trip in advance -- from the Montreal pee breaks, to the moose. On second thought, maybe we'll look for adventure elsewhere this summer...