Ontario residents push to halt highway through Greenbelt
3 years ago by grte to c/canadapolitics
Which was sold to a foreign entity by the same government saying it's underused.
The conservative party is such a drain on prosperity for all... and now the leopards are eating the faces of the rurals that voted for them. And they won't learn.
As of August 2022 and unchanged since 2019, ownership of the 407 ETR Concession Company Limited ("407 ETR"), the operator/manager of the highway, is as follows:
- Indirectly owned subsidiaries of Canada Pension Plan Investment Board 50.01%
- Cintra Global S.E., a subsidiary of Spanish firm Ferrovial S.A. 43.23%
- SNC Lavalin 6.76%
Technically it's majorly Canadian-owned when you add SNC and CPP's ownership. Doesn't change the rest of the point much.
and now the leopards are eating the faces of the rurals that voted for them.
Prior to 1995, the (southern) rural areas almost never voted Conservative, typically favouring the Liberals and sometimes the NDP (northern rural Ontario has maintained strong NDP support all along). To add, the NDP was born out of the former United Farmers party, so there was once a close association between them. The rural areas have been traditionally very left leaning.
The question is: What changed? It is unlikely that the people magically changed from one year to the next. Perhaps the Liberals and NDP figured rural areas were dying and thus not worth worrying about?
the former United Farmers party
Well I don't know what happened really, but at a guess maybe it had something to do with all the farmers who sold out to either the big "agribusiness" operators that have largely replaced them or to housing developers. Concentration of ownership has been a problem in many industries, but rarely have the effects been so dramatic as in farming. Since the heyday of the United Farmers of Canada there are 75% fewer farms in Canada, and 233% more Canadians. Living in a "rural" area no longer means you're all that likely to own a farm,
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"underused 407". Well, how do you fix that when it's privately run and the most expensive rolled highway in the world. Lol
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