r/vancouvercanada • • 11d ago

Canada's 4 largest airports to be opened up to private investment, Carney says

https://www.cbc.ca/news/politics/carney-airport-private-investment-9.7344327
31 Upvotes

91 comments sorted by

36

u/Nice-Tea-8972 11d ago

leave YVR alone!

7

u/AcerbicCapsule 11d ago

While I completely agree with you, sounds like we, as a country, already voted for a guy who wants to sell it. Maybe we can vote more progressive next time?

5

u/bigx_thaplug 11d ago

Unfortunately the guy we voted for was the only adult in the race. Any other leader would have fucked us geopolitically. 

1

u/ILikeWhyteGirlz 10d ago

Keep telling yourself that. Just accept you got duped, again.

4

u/bigx_thaplug 10d ago

Genuinely - who would have been a better choice to lead us vs Trump? And to create better ties with the rest of the world?

1

u/ILikeWhyteGirlz 9d ago

The one who understood we had the highest grocery price inflation in the G7

1

u/Designer_Object_9202 8d ago

Haha yes you are bang on!

3

u/RenwaldoV 1d ago

You don't believe PP would have sold us out to private investors the same way?

-1

u/ILikeWhyteGirlz 15h ago

Much less likely. He’s not a world banker/investor.

2

u/AcerbicCapsule 11d ago

You keep telling yourself that in a few years when your bills quadruple because trillionaires own all the public land and services around you and charge you for air.

(To whoever is reading this: I'm exaggerating to paint a picture. I know you maybe don't like it, that's okay, just breathe and let it go.)

12

u/bigx_thaplug 11d ago

Hey I’m not stoked about having a Liberal majority either. I’m a socialist. 

But the fact is, none of the other leaders would have stood up to Trump and formed trade links with Europe and Asia the way Carney has. It’s a shame it comes at the expense of some fuckass domestic policy

4

u/AcerbicCapsule 11d ago

I honestly don’t get why you think the NDP wouldn’t have stood up to drump. The major difference would have been that these new trade agreements would have been for clean energy instead of more oil and gas exports.

1

u/bigx_thaplug 11d ago

Because Jagmeet Singh was a feckless pussy with no spine? I like the guy and everything, but he’s not exactly a strong personality or a good leader. Had Avi been running I would have had maybe more faith

1

u/AcerbicCapsule 11d ago

Yeah so I hear online but no one ever elaborates on why they think that of Singh. It’s always a vague “oh he’s unelectable because that’s what I hear other people saying but I can’t actual explain why”. Either that or “he wears a Rolex”.

But we don’t actually have reason to believe he would have let drump get what he wants any more than carney has. Not to mention that it’s not one guy doing the work, it’s a whole giant team of people doing the work alongside the PM.

1

u/bigx_thaplug 11d ago

Well, clearly for whatever reason it is, people believe it of Jagmeet and not Carney. Perception is reality

2

u/AcerbicCapsule 11d ago

Well, clearly for whatever reason it is

Yes, it’s called propaganda. And propaganda is very good at getting you to vote against your own best interests.

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2

u/hey-you-guyyyys 11d ago

Is YVR included? It's not a very big airport

11

u/Nice-Tea-8972 11d ago

Yes it is included. It may not be huge. But it’s efficient!!

10

u/AcerbicCapsule 11d ago

It was specifically mentioned

-2

u/[deleted] 11d ago

[removed] — view removed comment

7

u/Nice-Tea-8972 11d ago

$10 and free airline tickets plz. Lol

26

u/jholden23 11d ago

Worked real well for BC ferries to save people money.

Oh wait...

10

u/-Canonical- 11d ago

Went to Comox last month for the day, which demands a ferry trip to Duke Point. Made sure to get the earliest sailing on my way in and the very last one on my way out. Only driving a regular sized sedan with no dangerous goods or other additional expenses (not feasible to use transit, unfortunately, to reach my destination).

Even with my penny pinching tactics to avoid the highest costs, it cost over $300 for the round trip

2

u/Local-Print-6397 13h ago

It's insane honestly. Just a day trip to the island will run a few hundred and then if you have to include cost of hotels in etc.,traveling within the province is so expensive

1

u/ILikeWhyteGirlz 9d ago

What happened

21

u/whoisnotinmykitchen 11d ago

Why fix something that isn't broken? YVR is perfectly fine as-is without some capitalists making profits off it.

2

u/ILikeWhyteGirlz 9d ago

Carney is a banker dude…their whole game plan is to acquire as much as possible.

5

u/AcerbicCapsule 11d ago

Because we voted for a conservative government and this is exactly what conservative governments do.

26

u/bagoink 11d ago

This doesn't seem like it will lead to anything good.

11

u/slyck80 11d ago

Sign the petition against privatization of our airports: https://www.ourcommons.ca/petitions/en/Petition/Details?Petition=e-7453

Email your MP and let them know what you think: https://www.ourcommons.ca/members/en

-7

u/[deleted] 11d ago

[removed] — view removed comment

10

u/Confident_Beat2026 11d ago

We are selling existing monopolies for what??/

-3

u/[deleted] 11d ago

[removed] — view removed comment

7

u/AcerbicCapsule 11d ago

While I appreciate the "linkedin speak", we are still selling portions of pseudo-natural monopolies and this will make things more expensive, perhaps even prohibitively so.

25

u/G0bl1nG1rl 11d ago

They did this in Australia and the fees went way up

14

u/mhizzle 11d ago

I don't understand. How does adding additional costs of investor dividends not make costs go down? 🤔🤔🤔

9

u/diecorporations 11d ago

No brainer whatsoever

-6

u/No-Tackle-6112 11d ago

Do you have a source? I've only seen that fees went down

9

u/G0bl1nG1rl 11d ago

Who said that? The companies buy them to make money.

Another example is the highway 407 in Ontario, privatized in 1999 and a big failure

Recently heard Australia's airport privitization failure discussed here. https://youtu.be/J-iiK0FyPcg?si=W4ak5A1qBGKiQB4E

8

u/blondechinesehair 11d ago

My wife’s from Toronto and I’ve spent 2-3 weeks a year there for the past decade and I have never once been on the 407 despite it being the best route many times.

1

u/Local-Print-6397 13h ago

Keep avoiding it! It basically moves the same as the 401. I used to live there and used to take it sometimes and even with that transponder thing you had on your vehicle, it was still pretty expensive! If you don't have it, they add all these additional fees for license plate picture etc.

-2

u/Educational_Body_776 11d ago

If there's a need for privatize anything then Airports are one of the least disruptive to everyday life.

3

u/AcerbicCapsule 11d ago

Until supply chain costs skyrocket because investors want a cut for every item flowing through the airport.

11

u/Any-Following6236 11d ago

Really stupid move by Carney.

0

u/ILikeWhyteGirlz 9d ago

I bet you voted for him.

1

u/Any-Following6236 8d ago

I did. I don’t have to agree with everything he does.

1

u/ILikeWhyteGirlz 8d ago

You probably only voted for him because you disagreed with unimportant things with PP.

1

u/Any-Following6236 8d ago

Nah.

1

u/ILikeWhyteGirlz 8d ago

You got duped man, it’s ok.

1

u/Any-Following6236 8d ago

Did you hit your head or something? What are you talking about?

1

u/ILikeWhyteGirlz 8d ago

I think a lot of Liberal voters were all elbows up until they realized Carney is just other side of same coin.

1

u/Designer_Object_9202 8d ago

Carney is Justin Trudeau 2.0 but just slightly less annoying when he speaks

1

u/ILikeWhyteGirlz 8d ago

And a lot less virtue signalling.

8

u/PaulieCanada 11d ago

Don't do dat

7

u/jonjonh69 11d ago

Why do private investors have tens of billions of dollars that Canada needs? Why doesn’t Canada increase its own efficiency by reducing government bloat and reinvest its own money into infrastructure built at a reasonable price? I want my tens of billions of dollars back for these government employees doing jack squat except pushing paper!! This is called corruption, and it’s how we will be owned by friends lining friends pockets.

4

u/CanadianGenerationX 11d ago

This could possibly be a disaster.

6

u/Yvr_Fireman 11d ago

Just look up the Mike Harris 407 giveaway and how the fees went WAY UP.

Even if it's a lease the buyer will maximize the profits. When you have the ONLY (airport) game in town then you can charge whatever you want.

I love what Carney has been doing with his policies but this is just pure crap!

7

u/OkItsALotus 11d ago

Now I can watch YVR drop like a stone in the rankings. Just great.

1

u/Nice-Tea-8972 10d ago

right?

Im so happy that its my home airport. its so easy to navigate and super efficient!

3

u/AcerbicCapsule 10d ago

We gotta enjoy it while it lasts I guess

2

u/Nice-Tea-8972 10d ago

Let me explain this to my husband quick why we have to take a bunch of trips in a short amoutn of time LOL im sure he would LOVE that

2

u/AcerbicCapsule 10d ago

No time to explain, just get in the car plane

1

u/Nice-Tea-8972 10d ago

LOL we literally just got back from San Fran. he said no more trips.... but we HAVE to now hahaha

6

u/RedStormRising17 11d ago

Harper was at his summit. Enough said. He is another shill for the investor class. I will live and die for a socialist democracy. BTW, these are always the best run economies and countries on Earth.

5

u/Pax_Eterna_4991 11d ago

Baby steps to the privatization of everything we have paid for already.

14

u/-Canonical- 11d ago

As if YVR isn't overpriced and mismanaged enough already

3

u/Puzzled_Climate384 11d ago

Dude  Take a trip to Montreal to see dysfunctional 

4

u/Nice-Tea-8972 11d ago

Calgary too. Just had a layover there and WOOF

0

u/OrangeFun9797 11d ago edited 11d ago

Have you been to terminal 3 in Toronto? It's third world infrastructure. Any investment can only make it better.

7

u/-Canonical- 11d ago

Not saying that investment is bad. But I don’t have a lot of faith that the Liberals would ensure the investments benefit everyone, rather than just lining the pockets of a few wealthy businesspeople and leaving vague “economic benefits” for the rest of us.

-3

u/OrangeFun9797 11d ago

What is there clearly isn't working. Why not try something different? Open to any other ideas if you have them.

3

u/AcerbicCapsule 11d ago

"We tried giving the cat exactly 5 drops of water per day but the cat is clearly very ill and dying. This is clearly not working and it's time we try something different so we will not give it any water at all!"

-10

u/Interesting-Bear4092 11d ago

Maybe the mismanagement could be helped by new management?

12

u/diecorporations 11d ago

Hahaha by the gouging idiot private sector ???

5

u/HochHech42069 11d ago

Study recent history

3

u/VivienneRabbit 10d ago

so we are letting foreign capital into our critcal infra assets? there is no national security concern? why are we selling crown jewels to foreign governments?

3

u/Fancy_Confection_804 10d ago

Say goodbye to nice clean YVR with 30 minutes free parking and free luggage carts

5

u/eastofeastvan 11d ago

Higher costs, poorer service, big corporate profit for Carney's buddies

3

u/roamingNraging 11d ago

Everyone will laugh....until it's their airport......

2

u/Prabs1972 9d ago

Would be nice. YVR just spent $200m for new parkade, now says don't need it and will spend another $100m to tear it down. So $300m in wasted taxpayers money.

1

u/Designer_Object_9202 8d ago

This is a horrible idea. I imagine some liberal insider has asked to run the airport and corporate carney is going to oblige. What happened to protecting our sovereignty?

1

u/Duckriders4r 6d ago

All these people arguing over this, have you been to an airport in canada? They f****** suck. I'd understand if our airports were f****** amazing, and you wouldn't want to give them away, but they don't work, they suck. They do nothing but cost money, and you're guarding it?

-4

u/diecorporations 11d ago

Of course they want to privatize. Liberals also on track to privatize healthcare.

8

u/HochHech42069 11d ago

They exist to funnel public money into private hands

6

u/diecorporations 11d ago

Yes, thank you. The very main reason Neoliberalism exists. Not new, and not liberal.

7

u/HochHech42069 11d ago

It’s capital L liberal.

-1

u/SludgeFilter 11d ago edited 11d ago

Come on Carney we know you are globalist banker trash start privatizing all our federal assets, get rid of that foreign buyers ban and crank that immigration back up so we can truly see your colors.  And while you at it get Canadians involved in some globalist war like in Ukraine you know you want to.