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When Canadian politicians encounter budgetary shortfalls and overruns, they often propose privatizing public services (such as public transportation). In other words, they sell their publicly owned transportation facilities and energy producing facilities to private for-profit corporations. For example, in 1998, the Legislative Assembly of Ontario passed the Energy Competition Act, which privatized and broke up the taxpayer-owned crown corporation Ontario Hydro.
The problem in Canada is that compared to the United States, there is NO competition, and that lack of competition in Canada invariably means that prices rise when public taxpayer-owned corporations are sold off. (A few people get rich while the average taxpayer becomes poorer.)
The solution is to 1) refrain from privatizing public corporations or 2) allow American companies to enter Canada and compete with the virtual monopolies that result from the government sell-off and privatization of taxpayer-owned public corporations.
