Time to spinoff the BDC part 2
To date, the feedback we’ve received has been universally in favour of the idea.
Having recently spoken to one of the federal team that privatized Air Canada, Petro-Canada, CN, and so forth, his view was that the only reason why the BDC wasn’t done as well (circa 1989) was the fear that the nation was going into a recession. And the value wouldn’t be there as a result. Looking out today, however, those headwinds don’t seem to be on the horizon.
What’s holding the Finance Minister back?