Earlier quoted context omitted.
Apologies, I had updated my comment to list a few of the dozen-and-a-half industrial Crown corporations that Canadian governments have sold off to already-wealthy people. I'll continue: Victory Aircraft, Orion Bus Industries, Canadian Vickers, Canadair... It's a historical fact that the government did operate industrial Crown corporations, and they operated them "better", as viewed from the embarrassingly non-fiducia…
Still see no evidence among those. Victory aircraft was a WW2 wartime aircraft manufacturer, not sure how that is relevant for anything. Wartime economics is very different from peacetime economics. Orion Bus Industries is and was always a private company. It was owner by a government entity for an extremely short period. Canadian Vickers is a private company. Canadair was a private company, then nationalized for a d…
"Evidence"? You said there aren't any industrial Crown corporations. In fact, you said that
>>>Crown corporation in Canada isn't running any industries though
and
>>Just because they could do something in theory doesn't mean that they would do a good job if they did. There is no evidence that they would, so using them as an example doesn't work.
But I listed a whole bunch of former industrial Crown corporations. Just because you don't like the idea that your baseless assertions were proven wrong by the facts doesn't detract from their facticity.
Canadian Vickers isn't a private company, they don't exist. When they did exist, they were heavily subsidized by the government and then nationalised into Canadair, which then privatized after the war and got thrown around as a subsidiary of various aerospace corps until '76 when the government bought it from General Dynamics. Then it actually did quite well until the Challenger business jet, then the Mulroney government -- one of those right-wing, fast-buck governments I mentioned earlier -- sold it in '86. And that's a great example, because that's just a straight-up loss. If a private company makes a crazily-bad investment, it's going to go under and get bought for pennies on the dollar by another private company. A Crown corporation, theoretically, can take less "sensible" business risks without that fear, because of government support. Unless the government decides it's not worth it and sells it for pennies on the dollar by another private company.
>Crown didn't do a good job leading this company so they sold it a decade later. This just solidifies my point, they can't run industries efficiently.
The "Crown" doesn't "lead" a Crown corporation. They don't make business decisions for them, they just provide a mandate (in this case, "design aircraft in Canada"), a financial backstop, and, yes, allow much more efficient internal meddling than normal regulatory schemes if need be.
To be honest, I don't think you really know what you're talking about. Your assertions are mostly false, and the suggestion that my argument is leading up to the idea that "government agencies" could "take over the entire private sector" is absolutely bonkers. Again, I suggest you go read up on what, exactly, a Crown corporation is and does. You're clearly under a number of incredible misapprehensions.