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Thursday, May 17, 2007 

Harper Selling Off Federal Buildings In Sweetheart Deal That Is Going To Cost You LOTS!

The Conservative government has asked for offers from the private sector to buy nine well maintained federal buildings owned by the people of Canada in Vancouver, Calgary, Edmonton, Toronto, Ottawa and Montreal. The government then plans to lease the buildings back for a period of 25 years at a tidy profit for the new owners! The sell-off will cost the government – and Canadian taxpayers – considerably more than it will to operate the buildings they already own.

According to the Public Service Alliance of Canada, the sell-off will give private investors a license to print money. The government is guaranteeing that the buildings are debt free. Some buildings are new and some are recently renovated. Once the buildings are sold, for the next 25 years, taxpayers will be forced to rent back properties it owns now.

Right wing ideologues will argue that the government will no longer have to be responsible for maintenance and repairs. This is a ridiculous argument. Since the federal government can borrow money at a much lower rate than the private sector it would be cheaper for the government to keep the buildings and pay for the cost of any repairs.

Taxpayers will be fleeced. It's the Tory way. Get ready for more of this.



You can tell that the Harris 'common senseless revolution' boys have their hands all over this file.
That's what happen in Ontario, as they sold a highway, that end up costing alot more to use than was promised.

conservatives worship the market. It makes you wonder why the hell they get involved in government in the first place.

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