Tuesday, May 12, 2020

The privatization of the greatest Crown corporation in my country's history.

CNR-Possibility of sale to private enterprise-government position. Many Members of Parliament were vehemently opposed to any sell-off.
House of Commons Debates  Ottawa   January 25, 1977.
Mr. Edward Broadbent (Oshawa-Whitby, Ontario.) New Democratic Party.
     "Mr. Speaker...will the minister confirm to the House the government's intention to turn over the CNR to private enterprise."
     "Considering the fact that CNR came into being just after World War 1 because a number of private railways went broke and wanted the people of Canada to bail them out, and considering that even the profits that CNR allegedly is going to make in 1976 are dependent upon a $200 million subsidy from the people of Canada, will the minister assure the House that the government will not as a matter of policy sell off part of our great national railway system to the private sector after countless decades of subsidy coming from the people of Canada."
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Two years before the sale of the Crown corporation to mainly foreigners:
House of Commons Debates   Ottawa   March 19, 1993.
Mr. Dingwall (Official Opposition House Leader; Liberal Party House Leader) Liberal.
     "With respect to Canadian National (CN), (a) How many hectares of undeveloped land does it presently own.
(b)  How many hectares of developed land does it own. (c) What is the total market value of the land."
Hon. Jean Corbeil (Progressive Conservative).
     "The management of the CNR Company advises as follows: (a) and (b) CN as a whole has approximately 150,000 hectares of land. Most of this inventory is in rail operating use. At CN Real Estate, the real estate arm of Canadian National there are approximately 14,000 hectares of undeveloped land in the inventory at the present time, of which 8,700 hectares are abandoned rights-of-way, 5,000 hectares are other rural and miscellaneous lands and 308 hectares are developed sites. Assuming that developed land includes buildings, these buildings are measured in square feet, not acres or hectares. At the present time, CN Real Estate wholly owns approximately 726,000 square feet of office buildings, multi-use properties, retail and parking structures in major markets, and has an ownership interest in an additional 3,400,000 square feet of income producing properties.
c.) The total market value of all of the land holdings is approximately $900 million dollars."
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Why did a foreign prince own Canada's Eiffel Towers and Taj Mahal's.
Chateau Laurier - Ottawa, Ontario.
Royal York Hotel - Toronto, Ontario.
Jasper Park Lodge - Alberta.
Empress Hotel - Victoria, B.C.
Chateau Lake Louise - Alberta.
Banff Springs Hotel - Alberta.
Hotel Macdonald - Edmonton, Alberta.
Hotel Beausejour - Moncton, New Brunswick.
Queen Elizabeth Hotel - Montreal.
Chateau Frontenac - Quebec City, Quebec.
Palliser Hotel, Calgary.
Bessborough - Saskatoon, Saskatchewan.
Hotel Vancouver - B.C.
Le Manoir Richelieu - Quebec.
Why does the Bill Gates company CN Rail own 6,000 Canadian bridges, tracks, tunnels, marshaling yards, railway stations, land, air rights...
Why does the Crown corporation Via Rail have to pay CN and CP Rail millions of dollars a year to use tracks that were built and paid for by Canadian taxpayers.
The 1988 Privy Council Order-in-Council that transferred the CNR hotels to the CPR.


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