Privatization: What it is, Why it Matters. NLFL President Mary Shortall’s OP-ED Piece from The Telegram June 23

With oil prices down, an aging population, and high unemployment the conservative government of Newfoundland and Labrador is looking for a silver bullet to cut costs for public services and infrastructure. Their sights are settling on privatization to be that silver bullet.   What is privatization? In its most narrow sense, privatization is the whole or partial sale of public services and/or infrastructure. It can include the sale of assets, functions or the entire institution. With privatization, the service or infrastructure becomes funded and/or run by a private corporation. you can download the entire OP-ED here.

By | 2017-03-05T17:27:18+00:00 June 23rd, 2015|