They aren’t a public service, they are a crown corporation. Which, other than being owned by the federal government, is operated just like any other private or publicly owned corporation. Their operations are funded by their revenues, not taxpayer funds, so no they aren’t a cost. They also just posted a Q2 before tax loss of $254 million. Which is a continual spiral down for a corporation that was profitable until 2018, due to a series of horrendous leadership and questionable decisions.
A public service doesn’t make losses, they’re a cost.
They aren’t a public service, they are a crown corporation. Which, other than being owned by the federal government, is operated just like any other private or publicly owned corporation. Their operations are funded by their revenues, not taxpayer funds, so no they aren’t a cost. They also just posted a Q2 before tax loss of $254 million. Which is a continual spiral down for a corporation that was profitable until 2018, due to a series of horrendous leadership and questionable decisions.
Ah, mea culpa, I posted in ignorance.
What should we do to change it?