MGSC05H3 Lecture Notes - Lecture 10: Jean Chrétien, Toronto Pearson International Airport
Document Summary
Issue is in this business person make money. Public interest is not, parties can disagree, one govt can take a particular position tht encourages business proposals, but there may be a change & the new govt may not think its good to pursue. 1993 election june brian mulroney (conservatives) left office & succeeded by kim campbell. Led campaign to privatize pearson, signed w. merge co, lease terminal 3, charge airlines who would charge consumers. Chretian said he"d get rid of the deal. Called election for october 1993 jean chretian won. 21 nov airport cont"d if you"re a business person, your interest for the firm doesn"t change over the years (because always looking to increase profitability) However, in terms of public companies, the public interest changes depending on the changes in the government, thus it can result in deals being stopped.
