this post was submitted on 10 Dec 2024
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Late Stage Capitalism

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[โ€“] damnedfurry@lemmy.world -1 points 2 weeks ago (1 children)

if their profit didn't need to take a useless billionaire leech into consideration then prices could be lower.

You know the profit existed first, right?

That last part is complete bullshit as well and you would know it if you knew anything about crown corporations.

Yeah, they're totally not huge money pits, I was wayyy off, lol.

[โ€“] Kecessa@sh.itjust.works 0 points 2 weeks ago* (last edited 2 weeks ago)

Profits are revenues minus spendings, remove the leech and you need less revenues to make the same profit. That's how companies manage to make their numbers look good by cutting staff, but they'll never cut upper management (the guys you're defending).

Ontario privatize hydro, rates go up

Hydro Quebec is a crown corporations and offers the best rates in North America

Saskatchewan has the best telecom rates in Canada through its crown corporation

Quebec and BC have the best car insurance rates because it's managed by crown corporations

The list goes on and on and on

The goal of Canada Post is to offer an essential service to all Canadians at the same low cost, you say private corporations would be better? Well there's no mail or packages being delivered to remote locations because they don't want to provide the service. So it's ok for you to let the private sector handle deliveries and let northern Canada end up being unable to receive mail? Hell, at the moment even in cities is hard to get stuff delivered and costs are much higher than they are with Canada Post, funny how it turns out it's the opposite of what you said that happens when the private sector is left to handle shit.