Blackpowder: the cost of the CWB to the taxpayer
was not zero. It was, in fact, huge.
First, pool deficits. Over the years, taxpayers
have paid close to $2 Billion to cover these
mistakes. That's "Billion" - with a B.
Next, think of all the trade challenges that the
CWB supporters like to brag about how " the
CWB won every time". Yes, it cost the CWB
millions to fight these but they weren't alone; the
federal government was right there alongside
them pumping expensive taxpayer resources into
fighting every challenge. Note: the US was always
challenging the CWB, not simply Canadian
exports into the US. So don't get fooled into
thinking that it was simply ongoing exports into
the US that caused these challenges - it was
indeed the CWB itself that caused them.
Think of all the studies and Royal Commissions
paid for by the taxpayer (and there were many of
them) - all trying to figure out how to make the
grain industry work better but never, ever
contemplating what the real solution was; get rid
of the single desk.
Now think of all the lost opportunities and what
they would have meant to our economy - in terms
of GDP, taxes paid, etc. Immeasurable.
And finally, think of the lower income to farmers
and what that cost the economy.
You know what has incensed me? Talking to
farmers who say things like "I don't care if I get
less revenue through the CWB - it's more
important that we all get the same." What an
economically numbingly stupid position. And I've
heard it more than once.
Speaking as a taxpayer, don't even begin to bore
me with that old argument that the CWB never
cost me anything. It has cost us all much more
than we will ever really know.
This $349 million is welcomed in that it comes
with the knowledge that this is the last of it.
was not zero. It was, in fact, huge.
First, pool deficits. Over the years, taxpayers
have paid close to $2 Billion to cover these
mistakes. That's "Billion" - with a B.
Next, think of all the trade challenges that the
CWB supporters like to brag about how " the
CWB won every time". Yes, it cost the CWB
millions to fight these but they weren't alone; the
federal government was right there alongside
them pumping expensive taxpayer resources into
fighting every challenge. Note: the US was always
challenging the CWB, not simply Canadian
exports into the US. So don't get fooled into
thinking that it was simply ongoing exports into
the US that caused these challenges - it was
indeed the CWB itself that caused them.
Think of all the studies and Royal Commissions
paid for by the taxpayer (and there were many of
them) - all trying to figure out how to make the
grain industry work better but never, ever
contemplating what the real solution was; get rid
of the single desk.
Now think of all the lost opportunities and what
they would have meant to our economy - in terms
of GDP, taxes paid, etc. Immeasurable.
And finally, think of the lower income to farmers
and what that cost the economy.
You know what has incensed me? Talking to
farmers who say things like "I don't care if I get
less revenue through the CWB - it's more
important that we all get the same." What an
economically numbingly stupid position. And I've
heard it more than once.
Speaking as a taxpayer, don't even begin to bore
me with that old argument that the CWB never
cost me anything. It has cost us all much more
than we will ever really know.
This $349 million is welcomed in that it comes
with the knowledge that this is the last of it.
Comment