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State-run choo-choo “corporation” to get huge taxpayer funding boost from the “Conservative” gov’t

Canadian Entrepreneur Alert!  Forget about Canada!  Go to the U.S.!

You can’t compete against your own government so don’t even try!  Trust me—I know folks from the Soviet Union and China and they report that you simply can’t win against socialist governments. For example, try as I might, I can’t get as many visitors to this site as the state-run CBC.ca does to theirs.  One reason is that I don’t have nearly the cash and federal resources they’ve got.

So you best give up and go to a place where they believe in free markets and capitalism.  (Communist China, actually, has started seeing the light—you Canadian entrepreneurs might want to consider that country instead of Canada). 

Proving the federal Conservative Party is about as conservative as the socialist you’ve got to be kidding party, today we learn that they have decided to “invest” hundreds of millions dollars of taxpayer cash into the socialist state-run Via Rail outfit, in addition to the millions they already get every year from taxpayers, and which they have gotten for many years. And yet still, amazingly, after all of that, they need more, and more, and more taxpayer cash.  Wow.  That hardly ever happens with government programs and “corporations”! 

This is all being done, of course, so that the state and its state-run Soviet-style passenger rail company can better compete against its own citizens in business for profit—or those even considering entering the market.  Ask yourself what kind of government competes against its own citizens in business for profits.  Then Google “Russia”. Compare and contrast.

The federal Conservative Party constantly re-earn my moniker for them: Liberal Party Too.  Actually I take that back: the federal Liberal Party—no friend of free-market capitalism—had the sense—the cajones—to stop a hideous $700 million funding commitment.  Now the Conservatives want to boost government funding. 

Via Rail expected to get funding boost from Ottawa

Updated Thu. Oct. 11 2007 9:33 AM ET

CTV.ca News Staff

Ottawa is expected to announce hundreds of millions of dollars in new funding for Via Rail today.

The funding will mark the first significant injection of new money in years for the cash-strapped Crown passenger rail corporation.

Transport Minister Lawrence Cannon and Finance Minister Jim Flaherty are expected to make the announcement at Union Station in downtown Toronto.

Spokespersons for both ministers refused to divulge any details about the announcement.

However, observers close to the rail operator say the initiative should involve money for capital acquisitions and for the refurbishing of locomotives and passenger cars. The insiders say money will also be allocated for day-to-day operations and to help develop an increased rail capacity.

Via Rail would also not comment on the announcement.

David Jeanes of Transport 2000, a rail transportation supporter, confirmed that he had been invited to the news conference.

“We’ve been waiting a very long time for this,’’ Jeanes told The Canadian Press.

“It’s a good news announcement, but this isn’t to announce the high speed link (between Toronto, Ottawa and Montreal).’‘

Via receives about $170 million in annual operating subsidies from Ottawa. However, the company has suffered since the former Liberal government halted a $700 million funding commitment.

The Conservatives are expected to tout the initiative as both an investment in Canada’s infrastructure and as part of Ottawa’s environmental policy.

Next federal election day, I might just go down to the U.S. for a nice personal day off.

Joel Johannesen
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