Prime Minister Mark Carney kicked off his international investment conference Sunday night, beginning a massive push to entice international investors to pour private money into public projects. From chairs of Blackrock to the UAE's oil company, Carney hopes to get private capital for ports, oil and gas, data centres and renewable projects. While the news media gauges the viability and benefits of international investment, little, if any, legacy coverage has reported the tangible, inextricable consequences of private investment; more expensive services at poorer qualities for private benefits. Independent journalist and author of the Canada In Decline book series joins Scott to discuss the conference, its possible outcomes, what it means and how news media has stuck to their belief that private interests are Canadian's interests.
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Sources and further reading:
https://readthecatch.ca/normalizing-carneys-privatization-drive-ft-nora-loreto-podcast
Artwork by Zo at Studio Bonjourhi
Intro Music: Vigilante - Cross Dog
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