Quotulatiousness

September 10, 2010

Maxime Bernier for PM!

Filed under: Cancon, Liberty, Politics — Tags: , , , — Nicholas @ 13:12

Now that most of us have given up on any actual free market policies coming out of the PMO, perhaps it’s time to look to someone who still appears to have libertarian tendencies:

It seems the libertarian Conservative MP is offside with the rest of his Quebec caucus colleagues over the issue of funding a multi-million-dollar hockey rink. He was conspicuously absent from a photo-op this week, in which Quebec MPs donned Nordiques jerseys to show their support for the arena and the possibility of bringing an NHL team back to the provincial capital.

“It was instructive that Quebec MP Maxime Bernier, who opposes public handouts for private enterprise, was missing from the photograph and e-mailed me a curt ‘no comment’ when asked about the merits of federal support for the arena,” National Post columnist Don Martin wrote at the time.

Mr. Bernier has since taken to the local airwaves in his Beauce riding to pour cold water on the idea of the Tories showering taxpayer dollars on sports facilities while battling a $56-billion deficfit.

Corporate give-aways of millions of dollars to billionaire sports team owners shouldn’t be merely controversial: they should be anathema. It’s that much worse when the government is deeply in debt.

Update: Maxime Bernier in his own words:

The hard reality is that we have just been through a global economic crisis — which remains very preoccupying and is likely not over — and governments in both Quebec City and Ottawa are heavily indebted. Our government has just posted a huge $56-billion deficit and the priority is to get back to a balanced budget through reductions in our own programs, and avoid by all means getting involved in risky financial ventures.

I was not at all impressed by the Ernst & Young study, which concluded that the project would be “profitable” — but only on the assumption that governments provide full funding for the construction as well as the repairs and renovations that will be necessary over the next 40 years. That’s a deceptive way of putting it. The conclusion should rather be that the project is simply not profitable and will constitute a financial burden for taxpayers for decades to come, even in the best scenario. That’s why not a single private player has been found to invest in it.

Just about any business would be “profitable” if they never had to pay rent for their business premises or buy, build, and maintain their own buildings. That isn’t the way ordinary businesses operate, and professional sports teams shouldn’t be any different. We don’t elect governments to be the primary supporters of sports team owners . . . no matter how many “complimentary” premium seats at the stadium may be offered to individual politicians.

As the great French economic Frédéric Bastiat wrote, “Government is the great fiction through which everybody endeavours to live at the expense of everybody else.” When such large amounts are in play, it is impossible to calculate exactly who has received how much. We would need to go beyond a single file and take into account all public spending items, going as far back as possible.

That’s what Quebec separatists like to do. They keep telling us that Quebec has been on the losing side of the financial equation and that Ottawa has systematically been favouring Ontario for more than a century. Meanwhile, people in the rest of the country believe that Quebec is the spoiled child of the federation. Each region can point towards many examples to nurture its frustrations. It is a pointless debate which can only divide our country.

Oh, swoon!

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