A review of spending commissioned by Premier Doug Ford is encouraging him to sell Crown corporations, including the Liquor Control Board of Ontario, to bring short-term cash into provincial coffers. The review says the government should maximize the value of provincial assets, including considering "divestiture" if the business case warrants. The three Crown corporations that the province classifies as "government businesses enterprises" are the LCBO, Ontario Power Generation and Ontario Lottery and Gaming. Peter Bethlenfalvy, Treasury Board president in the Doug Ford government, released what he calls a line-by-line review of government spending. "We can look to Hydro One as an example of what happens when those public assets are sold off."
Source: CBC News September 25, 2018 14:48 UTC