B.C. government should get out of the insurance business

ICBC represents an asset to the provincial government, which faces deficit problems

B.C. government should get out of the insurance businessThe Insurance Corp. of British Columbia (ICBC) has recently suffered significant losses. These losses have been offset by transfers from its optimal business. But without transfers, the basic business capital would have fallen below the regulatory minimum. Even worse, optimal business has also suffered a loss. ICBC is a Crown corporation managed by the province…

Has Saskatchewan Government Insurance outlived its purpose?

A private insurance corporation would be better suited to take on any risk, instead of leaving taxpayers to bear losses

Has Saskatchewan Government Insurance outlived its purpose?Many Crown corporations created long ago are showing signs that they’re no longer appropriate for life in evolving competitive markets. Saskatchewan Government Insurance (SGI) may be one that’s outlived its purpose of providing vehicle insurance to Saskatchewan drivers. SGI is the monopoly owned by the government of Saskatchewan. SGI Auto Fund has provided motor vehicle…

Deliver Canada Post from its old-fashioned business model

To maximize the value, viability and utility of the post office, it should be permitted free rein. That may mean selling it

Deliver Canada Post from its old-fashioned business modelOne new CEO opening will top most stress-filled leadership positions: Canada’s chief mail delivery officer. There are many iconic symbols of Canada but – if it ever was one – Canada Post certainly has long ceded that status. The Crown corporation predates Confederation but hasn’t endeared itself to anybody for generations. Although the Canada Post…

Canada Post needs a new boss. Can you deliver?

The job comes with significant challenges but some solutions can be found in Australia

Canada Post needs a new boss. Can you deliver?Looking for a new job? Canada Post is looking for a president and chief executive officer. But it’s not a position anyone should consider lightly. The new CEO will face daunting challenges in managing Canada Post’s operational, financial and governance deficiencies in this digital age. And it’s a job that must be done under close public…