Privatizing the formerly public © 2 0 1 5. A T L A N T I C. I N S T I T U T E. F O R. M A R K E T. S T U D I E S 4 T H E. R O A D. A H E A D :. O P T I O N S. F O R. R E F O R M I N G. R E G I S T R Y. S E R V I C E. D E L I V E R Y corporation (which netted $156.2 million for the province) has enabled the company to grow beyond the province’s borders, generating greater value for its shareholders [...] It also secured a clause ensuring it would receive a cut of the proceeds if the company were sold for a higher price in the future.45 Three years later, the government reaped a windfall of $573 million when Teranet went public by converting to an income trust.46 Following the Harper government’s decision to turn out the lights on the income trust party in 2006, Borealis, the investment arm of the [...] Beginning in 2016, fees for certain services, including the registration of a plan in electronic format and writs © 2 0 1 5. A T L A N T I C. I N S T I T U T E. F O R. M A R K E T. S T U D I E S 16 T H E. R O A D. A H E A D :. O P T I O N S. F O R. R E F O R M I N G. R E G I S T R Y. S E R V I C E. D E L I V E R Y searches, will be adjusted annually by 50 per cent of the Consumer Price Index (CPI) [...] Although they will no longer be on the public payroll, they are entitled to © 2 0 1 5. A T L A N T I C. I N S T I T U T E. F O R. M A R K E T. S T U D I E S 17 T H E. R O A D. A H E A D :. O P T I O N S. F O R. R E F O R M I N G. R E G I S T R Y. S E R V I C E. D E L I V E R Y be represented by the union of their choice, and will remain part of the Civil Service Superannuation Plan.
Authors
Related Organizations
- Pages
- 36
- Published in
- Ottawa, Ontario