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They probably spent $5000 for new vests, boots, and hard hats just for this one photo ๐คฃ
Ah yes, sell off your durable assets to paper over an acute financial problem. Always a popular government strategy.
Where does it say the assets were being privatized?
They are moving to a crown Corp not to private hands.
It says they are "letting go of some properties." It did not mention that Canada Lands Company is a crown corporation (although I suppose it would've been reasonable to guess that) and it is not made clear whether any or all of the buildings "being disposed of" will go to it. But if they do, that will be good to see even if it's insignificant compared to the size of the problem it's attempting to address.
The Canada Lands Company is a Crown Corporation: https://www.clc-sic.ca/about
I was concerned about it when I heard they own the CN Tower. But I looked it up I foubd out it is a Crown Corporation.