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The Liberal Path of Privatization
Privatization, which refers to the transfer of activities from the public to the private sector, has grown increasingly important since the new Ontario Liberal government took office. ... Is privatization beneficial or baneful to corporations, companies, and citizens? Too much can be said to support either case so the more important aspects must be weighed in order to understand the path that Liberal government has chosen to take, and more importantly should they continue down the path of privatization.
Brief History of Privatization in Canada2
Privatization has been going in Canada for many years in both small and large increments. ...
► 1995 Canada’s largest privatization venture in history with CN.
The Negative Impact of Privatization
What is the rationale for privatization for government services anyways? The Ontario Government attests that privatization is to improve service, yet problems within the public sector have not been solved and are turned over to the private sector to reach conclusion. ... The privatization in Hamilton resulted in the worst sewage spill in Lake Ontario in history.1
Canada may learn well to look at other countries that have tried privatization of their major services. ... 1
Another problem with privatization is the fact that governments are required by international agreements and constitutions to fulfill a social contract to meet basic needs of the people. With privatization of services, it is therefore impossible to hold the government responsible.
More recently the massive blackout that left Ontario and the North Eastern United States in the dark can be attributed to FirstEnergy Ohio and its advocacy for privatization. ... Also scurrying away are the pro-privatization giants indirectly related to FirstEnergy. ... 3
Privatization on a Positive Note
At the top of the governments list for the reasoning of privatization would be the need to reduce budget defecits. Most promotional releases promoting privatization place more emphasis on potential efficiency gains such as higher corporate earnings, increased employment, and more rapid economic growth.
Approximate Word count = 1555
Approximate Pages = 6.2
(250 words per page double spaced)
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