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submitted 2 weeks ago by NENathaniel@lemmy.ca to c/canada@lemmy.ca
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[-] Eiri@lemmy.ca 14 points 2 weeks ago

Ugh. Why did we ever privatize rail. People would riot if we privatized the highway network, and yet...

[-] ikidd@lemmy.world 2 points 2 weeks ago

When were the railways ever not private in Canada? One barely solvent passenger service that's a crown corp hardly constituted nationalized rail.

[-] Eiri@lemmy.ca 9 points 2 weeks ago

Wasn't it originally a huge public undertaking? It was my understanding that the rails and CN began their lives in public ownership before being privatized.

Did I misunderstand things?

[-] ikidd@lemmy.world 6 points 2 weeks ago* (last edited 2 weeks ago)

The railways were built privately for the most part, and eventually most of them defaulted on loans and became CN. Which I guess was public for a long time, but competed with a number of private operators still like CP. Via was a heavily subsidized passenger crown corp because nobody could make passenger service profitable.

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this post was submitted on 15 Nov 2024
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