1/ Privatizing airports is a terrible deal for travellers, workers, and the public purse.
Around the world, it has led to higher service charges, fewer jobs and worse working conditions.
Private equity moguls and fund managers love it! Once they’re in, they own a piece of a natural monopoly, and they print money for decades.
This is a mistake we do not need to make.
The alternative to privatizing our airports is to NOT DO IT.
2/ The Canadian Labour Congress has outlined exactly why this is such a bad idea.
We don’t make Canada stronger by selling off our critical infrastructure.
Protecting Canadian sovereignty means keeping our airports in public hands.
https://canadianlabour.ca/airport-privatization-would-cost-workers-and-passengers-clc-report-warns/
#cdnpoli #canada #NDP #labour