Case studies

Article Abstract:

The Economic Council of Canada examined public enterprise and found that some Crown businesses do not serve their original purposes or are not appropriate policy instruments. The Council recommends that independent commissions monitor, regulate, and advise governments on capital expenditures of publicly held electric utilities. Technological changes and increased US competition place in question continued public telecommunications monopolies. Transit authorities are urged to consider private contracting for mass transit services. The Council recommends that Air Canada and Petro-Canada be privatized and that share offerings be available only to Canadians initially. Overall, the Council believes that government enterprise be seen as an instrument of last resort.

Case studies, Electric utilities, Corporations, Telecommunications, Petroleum chemicals industry, Petrochemicals industry, Telecommunication, Local transit, Government ownership, Nationalization, Railroad policy, Railroads and state, Corporations, Canadian

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The evolution of Petro-Canada

Article Abstract:

A new Economic Council of Canada study suggests that Petro-Canada Ltd has little reason to remain a Crown corporation, especially in light of its 1984 mandate to operate as much as possible like a business enterprise. It is recommended that privatization of Petro-Canada should come only after the Canadian government examines the long-term outlook for the oil and gas sector, the nature and degree of public-policy goals in that area, and what policy tools it has at its disposal. Subject areas covered in the study include: Petro-Canada's history, the expansion of the company's role under the government's National Energy Program, and the ways in which the firm's performance is monitored.

Petroleum refining, Management, Energy policy, Petroleum industry, Government business enterprises, Public enterprises, Petro-Canada Inc.

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