Abstract
Ottawa should cash in part of its $3 billion stake in major sea ports by bringing in private investors, finds a new report from the C.D. Howe Institute. In “Casting Off: How Ottawa Can Maximize the Value of Canada’s Major Ports and Benefit Taxpayers,” author Steven Robins suggests that major port authorities should rely on private capital to finance expansion, and Ottawa should harvest some of the value of its equity stake for investment in other priorities.
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