public ownershipSyndicate content

Columnists

Thumbs up to a publicly owned Quebec City arena

A media furore has irrupted in Canada outside Quebec (COQ). Strong local support for the return of a storied NHL franchise -- the beloved Nordiques -- to the provincial capital (disclosure: I spend part of the year here in Quebec City), linked to a request for federal financial support has emboldened editorial writers, columnists, cartoonists, and, undoubtedly, talk show hosts to vent their opposition.

Imagine, the Quebec government has pledged to invest $175-million (or 45 per cent of the costs) in a new public multi-purpose sports and entertainment facility in Quebec City. The Charest Liberals have decided it would be an important asset for the city where Aboriginals met Samuel Champlain in 1608, and most of the people in Quebec agree.

Using the bank for the public good

We don't need the private banks to create our money. We must bring finance under democratic, public control. That means reclaiming the power to issue currency, to manage the size of the money supply, and to direct newly created credit towards public purposes, and away from speculation on the prices of financial and other assets. Until we take back this power, any other victories we win will be hollow.

Ontario Public Service Employees Union
January 13, 2012 |
The government takeover of ORNGE air ambulance serves as warning to taxpayers that the privatization of public services only succeeds in harming services and making a few executives millionaires.
Canadian Centre for Policy Alternatives
February 23, 2010 |
Canada’s oil and gas industry should be converted to a public-interest industry whose mandate would be to serve the broader public interest, not just the private interests of owners and shareholders.
Syndicate content