An article in The Tyee argues that, contrary to provincial government claims, BC Rail was not bankrupt nor a drain on the province’s finances. Will Martin states the company regularly generated positive “net income” and, in the latter years of the 20th century, actually paid dividends of $140,000,000 to the province. His argument is that the provincial Liberals deliberately mis-led taxpayers on BC Rail’s financial situation to create support for the railroad’s privatisation. Several on-line commentators disagree with Martin’s analysis and conclusions.

http://thetyee.ca/Opinion/2010/03/29/GordonBCRail/index.html

Get Our Newsletter

Get Our Newsletter

Join our mailing list to receive the latest news and updates from Transport Action

You have Successfully Subscribed!