The federal government says it plans to review the $8-billion sale of Canadian-based grain-handling firm Viterra to a European-based conglomerate.
sigh
We’re gonna be reliving and regretting Harper’s sale of the Canadian Wheat Board for decades to come.
Farmers should have known it was a scam when the board wasn’t broken up, just privatized. “Oh yes, you can now sell to anyone! But the market is now dominated by this private quasi-monopoly…”
I mean, they also should have known that competition wasn’t going to meaningfully increase the prices they were getting, since grain buyers are middle-men, but people in general have a hard time learning from outside contexts.
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Yep. All the arguments from the time of how the free market will be better, keep aging like milk, as moves like this progressively whittle down any semblance of competition.
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Yep. Funny how easy it is to sell things to the highest bidder. And how much time, effort and money it is build it from scratch.
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