How the Government Dethroned A Crown Corporation
Joseph Soares
|
Posted 02.18.2013
|
Canada Politics
Read More:
Politics,
Bc Business,
Mulroney,
Ridley Coal,
BC Politics,
Sheila Fraser,
Crown Corporation,
Chretien,
Dan Veniez,
Daniel Veniez,
Ridley Terminals Inc.,
#Cdnpoli,
Rti,
Canada Politics News
Last week, the Harper Government announced that it is putting Ridley Terminals Inc. (RTI), a relatively small federal Crown Corporation, up for sale. In the last early 1980s, the Trudeau government spent $250 million to build this coal terminal in the hope that coalmines would magically appear. Well, they didn't, and RTI has been a taxpayer-funded sick hole ever since.