Let’s protest this shit.
I gave Carney a wide net because I knew he was conservative but still the “right guy for the job” right now. But privatization is crossing the line… Cuts can be uncut, taxes can be restored, but we’re permanently fucked when we privatize.
You would think we would have learned that with lyin Brian Mulroney.
Almost like he was obviously mot the right guy for the job at any point. Conservatives aren’t the right people to do much of anything, let alone run a country, and anyone that thinks being “fiscally conservative” actually helps is dumber than a sack of moldy potatoes. And now all those brain-dead morons are getting big regret feelings like this was all somehow a well-hidden surprise.
Carney was bad from the start. He’s exactly what anyone should expect from a banker hired onto the Liberals.
The problem was the alternative was a party full of American traitors and US citizens.
The NDP were right there. Any complaint against them doesn’t mean shit fuck-all when the people makong them voted for the Liberals, the party which brought us not changing how our elections work because they hugely benefit from how unfair they currently are.
In 2021, the NDP got over half the votes that the Liberals got. They have the support, they are a valid party, and unlike our two flavours of conservative party they at least try to make life better for us. Then you come along, and I think we’ve had this discussion before, and act like our only progressive option doesn’t even exist because it’s easier than accepting that you didn’t actually vote against conservatism, but instead you voted for it and against progress.
I 100% agree that we shouldn’t be privatizing our government services. I’m not sure that chip manufacturing and testing should be a government service.
This should not be seen as a government service but rather a government asset. We funded research and development, we own it. The article goes into how it being owned by the government made more accessible.
I worked in that area of research and in Ottawa. The government funds a lot of development, we should own it. It does not mean that burecrats run everything, for these facilities experts run them. But rather these technologies should be owned by us so we can benefit.
I worked in Kanata North Business Park for a few years before leaving tech to recuperate for a bit.
I am angry, that I worked to pay high taxes to have this facility run only for it to be then bought up by private investors for a fraction for what it’s worth.
Why bother with the whole thing at all. I am very disappointed with the government.
Wait until you see how much Canada pays for drugs and how little we spend on diseases research.
I guess we see why Carney worked so hard to bribe his way to a majority. So he can inflict Thatcherism/Reaganomics/fucking horseshit on us.
He would never do that! His party says Liberal on its flag, that means he’s Liberal.
One of the key bits of info here is that it’s to attract foreign direct investment. So, not even to put that stake into the hands of Canadian private capital, which would have its own issues, but to sell it off to foreign interests.
It all makes me feel a bit sick seeing this trend.
It started all with Canada Post…the way things are going it’s going to be sell sell sell.
Canada post is a government service in my mind. This CFPC seems like a strange way to spend tax dollars. Has it been successful at creating jobs or direct return on investments?
The thing is…photonics is a key piece of technology in the grand scheme of things in AI infrastructure. If we are to have sovereign technology within Canada, we need to have inhouse capabilities. I mean, do we really want to pull another Nortel here?
Also, often times the public invests in these technologies since no one else would or it’s not “profitable”. And when it does become an emergent technology or critical piece of capability, the Canadian government always end up selling it off or privatizing it when it’s a critical key component in keeping Canada competitive without being beholden to other sovereign states or companies. Remember COVID and how we don’t have any labs to accelerate research because the previous Conservatives sold or closed all of them? Nortel? Bombardier? I mean, sure none of these are perfect, but better than nothing? Why is it are we always pennywise and pound foolish in the long term? How is it that these governmental policies are so short term sighted when a country should be looking at the long term impacts of not just 4 years, but rather 10+ years.
What’s Carney been doing to seize private equity?
