The recent shutdown of 13 Everest College campuses in Ontario by the provincial government raises questions about the effectiveness of regulations intended to protect students at private colleges.
A recent Globe and Mail column by Elizabeth Renzetti points out exactly why charity and crowdfunding can’t replace quality public services.
The example used was of a Detroit factory worker who received $300,000 and a car donated after people found out that poor transit service meant he had to walk 34 km a day to get to and from work. Crowd funding helped one person, but thousands of other are in similar situations.
“Like asking a fish to ride a bicycle” is how a recent Guardian article described the belief that the private sector can do a good job running public services.
As the article points out, the root of the problem is that businesses and the public sector have fundamentally different objectives. For businesses, success is measured by the return for shareholders. For public services, the measure of success is how well they are meeting public needs.
Ontario Auditor General Bonnie Lysyk's revelation on Dec. 9, 2014, that privatization has cost the province more than $8 billion should come as no surprise: she's the third Ontario auditor general in a row to debunk claims that P3 privatization schemes save money.