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PostPosted: Mon Jan 02, 2012 11:18 pm
 


Tricks wrote:
Tax payer funded organization and owned by the government? I'd say that makes him a public employee. However I don't know the actual definition of one.



Can you say BC Ferries.

A Private Corporation owned by the People of British Columbia in the form of their Provincial Government. Which was created by that Government for the specific purpose of not having to reveal it's income, salaries or answer to the people who actually own it. :roll:

Now can you say CBC.

Something tells me the Liberal Government in BC didn't think up the idea of a Government owned "Private Corporation" on their own. If I was Oliver Stone I'd guess that the CBC is actually the model for the BC Ferries Corporation.


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PostPosted: Mon Jan 02, 2012 11:28 pm
 


I think you're off base here. The crown corp has a long tradition in Canada:
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Perhaps Canada's most famous, and influential, Crown corporation was the Hudson's Bay Company (HBC), founded on May 2, 1670,
Quote:
In Canada, state-owned corporations often use the style Crown corporation, indicating that an organization is established by law, owned by the sovereign, and overseen by parliament and the Cabinet. Examples of crown corporations include the Canadian Broadcasting Corporation, Canada Post, and ViaRail. Former crown corporations before their privatization include Air Canada, St. Lawrence Seaway Authority, and Petro-Canada. Ministers of the Crown often control the shares in such public corporations, while parliament both sets out the laws that create and bind Crown corporations and sets their annual budgets.
Crown Corporations also exist at the provincial level in Canada. Saskatchewan has maintained the largest number of crown corporations, including SaskEnergy, SaskPower, SaskTel, SaskWater, and Saskatchewan Government Insurance. Crown corporations of British Columbia include BC Hydro, BC Ferries, and the British Columbia Lottery Corporation.
The primary point isn't to avoid having to reveal salaries, after all we had no trouble finding out David Hahn's salary. The point it to move government debt off the books.


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PostPosted: Tue Jan 03, 2012 2:14 am
 


True, but we still didn't get a good look into the books when it came to profits, loses and expeditures for the corporation. So throwing the owners of the corporation a bone by giving up the "outgoing" CEO's salary really isn't a great revelation.

Most of those corporations you mentioned are still Government owned and run Corporations, unlike BC Ferries which according to the BC Goverment is a privately owned Corproration.

So there's more to it than just moving debt off the books. If that's all it was it would still be an underfunded, overly raped Provincial Goverment Corporation like BC Hydro.


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PostPosted: Tue Jan 03, 2012 9:44 am
 


His salary was revealed, as was that of all management, long before he became "outgoing". It's one of the reasons he became "outgoing."


Quote:
British Columbia Ferry Services Inc. or BC Ferries (abbr. BCF) is a de facto Crown Corporation that provides all major passenger and vehicle ferry services for coastal and island communities in the Canadian province of British Columbia.


But you're right, it's a lot of bullshit:
Quote:
As you can see the Coastal Ferry Act has created a lot of confusion to who actually owns BC Ferries, until the single voting share, the Precious, is sold. Then the Province of British Columbia, you the Taxpayers, become the owners once again, until then technically no one owns BC Ferries.


I think the Libs are out to lunch on this one, they're not fooling anybody. But I don't think hiding salaries, if that was their intention has worked out. Just as it's bullshit to claim crown corp debt is off govt books - who's going to pay it but govt?


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