Industry leaders are cautioning agents working Toronto’s west end, warning them about a seemingly ideal client intent on luring them to vacant properties.
Four months after having its hand slapped by TREB, this online brokerage is closing its doors.
I agree that this is a bad idea, for all the reasons indicated above.
This is for sure a concern, as history already provided us with stats that shows what happens when the public services are sourced out to be controlled by private sector. We Canadian pay a high tax and plus a fair share of it too at the same time they are try to cut our services. Everything cost go's up when you have private company only thinking of profits and how and where they can collect additional income. It's easy to get money for information that we need for our transactions to be smooth. We all should demand the service that we have already paid our taxes for.
Some governments want to eat their cakes and have it. Some politicians love to be incharge only by transfering their responsibilities to the citizens to private for profit organizations. If the service is too expensive for the government to run, what is the government thinking the private sector will do to make it less expensive - borrow money from the banks and provide the services free to the citizens? The government should find a way to reduce cost even if it means slight increase in fees. The moderate increase will definitely be cheaper for citizens who access the services compared to what they will be forced to pay if and when the government transfers the responsibility to so called "private partners". Another alternative is for the government to expand the client base that use the services and get extra revenue. I will not be surprised if in not too distant future the government will tell us that schools and hospitals are too expensive to operate, therefore private sector take over of these public institutions will be the prefrred (best) economic solution to the cash crunch. Next SGI, water supply, roads and municipal councils will change hands and all the government will do is to 'supervise" the pain of tax payers. There should be a break to this accelerating vulture capitalism. Government is not a for profit organization but a service provider at COST.
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