The Globe and Mail reports in its Wednesday edition that Finance Minister Bill Morneau
will not be releasing the results of
a federally commissioned study
on airport privatization, nor will
the government reveal how much
it paid Credit Suisse AG to conduct
the review.
The Globe's Bill Curry writes that Mr. Morneau's department confirmed
Tuesday that Ottawa
agreed to give the Swiss investment
bank a veto on the release
of any information related to the
study, which it was hired last fall
to conduct.
Mr. Morneau and Transport
Minister Marc Garneau have remained
coy over the past year as
to whether the Liberal government
will privatize Canada's airports.
The move would raise
billions in new revenue for the
federal government, but critics
warn it could lead to higher prices
and less service for air travellers
over the longer term.
This week, the government
refused a written request from
the Conservative Party to disclose
the cost of the contract, even
though the work ended on Jan. 31,
2017. The Conservatives also
asked the government to reveal
the findings of the study. The
government rejected the request, saying that no terms can
be released without the consent
of Credit Suisse.
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