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:: Monday, April 26, 2004 ::
BC Rail Contract Keeps on Leaking By Paul Ramsey, TheTyee.ca
The leak that contained the most spectacular numbers was actually the least significant. Government had announced that the term of its "partnership" agreement with CN was 60 years, with an option for CN to renew it for another thirty. Government denied that a 90-year deal amounted to privatization. That was hard enough to swallow.
But now we know that, unless the B.C. government wants to buy back BC Rail in 2094, the deal will be renewed for another sixty years, and then for another sixty years, and another sixty years… The total length of the "partnership" could reach 990 years. Even the Roman Empire didn't last that long!------------------------------------------- posted 6:54 AM :: reference link ::
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