Public Money, Public Savings

Sun Media – Private money, public savings


About warrenreports

CEO of the The Warren Group and a public policy commentator.Former Ontario deputy minister,chief general manager of the Toronto Transit Commission and CEO of Canada Post Corporation.Chair and board member of a wide range of private and public sector organizations.
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1 Response to Public Money, Public Savings

  1. Bill says:

    The devil is in the details I guess. Although the Confederation Bridge reverts back to “us” in 2032, the 407 lease is for 99 years and is 40 percent owned by foreigners.
    Personally, as an investor, PPP’s potentially give me lots of excellent low risk investment opportunities.
    TransCanada Pipelines is a good example. Since buying into Bruce Power in 2003, TCP has returned a nice 12.2% in dividends and capital gains (both income sources which have significant tax advantages). Somebody is paying for this. (If I hadn’t married money it would be me on the losing end.)
    If we funded our own projects, we would have a far more egalitarian society, even if a less efficient one,.
    We also should not put off the day when we start accepting that we are quite possibly in an economy limited to 2% growth over the longer term.


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