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.
post
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.
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.
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.
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.
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