Saturday, July 6, 2013

Government of Canada real estate deals.

The winners and losers when federal property is privatized:
WINNERS
 Prince al Waleed bin Talal of Saudi Arabia; Carl Icahn of New York City; multinational corporations,  the National Capital Commission; Canada Post; the CBC; Canada Mortgage and Housing...
LOSERS
Ordinary Canadians, who collectively own the billions of dollars worth of Crown property that is being sold through Orders-in-Council.

CFB Rockcliffe in 1983. From: "1984-1985 Federal Property Profiles-National Capital Region". The book can be found in The Ottawa Room, Ottawa Public Library at Laurier.
3. In 1998, the National Capital Commission attempted to buy the Central Experimental Farm in Ottawa for a dollar. (See the Ottawa Citizen article "Behind closed doors; With no one allowed to watch and listen, members of the National Capital Commission ponder making deals with Nortel, battling El Nino and buying the Experimental Farm for $1 dollar." by Tom Spears, the Ottawa Citizen - 24 August 1998.)

The Experimental Farm in Ottawa:
A Privy Council Order-in-Council that resulted in the sale of Farm land in February of  1988. (The Order-in-Council books can be found at Library and Archives Canada on Wellington Street in Ottawa.)

Canada Place in Vancouver, British Columbia.

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