Good but I kind of wonder if instead of subsidizing Telesat to the tune of billions after privatizing a Crown Corp designed to maintain sovereign satellite and good orbital slots – which we have lost to some degree Anik G1 is really low in the sky, bad – if it’s not better we just structure this as a Crown – Pension – Union – Private national champion and actually go at it to win. Kind of like Bruce Power.
BCE was suppose to run it as a core national backbone but immediately dumped it 6 years after buying it from the Feds. Canada was and should remain a world leader in satellite. We had the most powerful telco sat at peak GEO sat era in the world, and we were the first non superpower with a domestic satellite, beating all the great powers. How do you serve all Canada without sovereign satellites?
The private sector should build and supply. (MDA, others) The *operator* needs to think long term (Crown, Pensions, Dividend seeking investors). BCE dumped it cause it didnt want to think long term or serve the military. Telesat has always served the Feds/DND. „multi decade CapEx ewww“ remember the „Halloween Massacre“ when Jim Flaherty killed the Income Trust tax loophole after BCE was going to convert it’s entire network into basically an oil well tax income trust. That’s explicitly saying „we are done building CapEx, only extracting“. Both happened at the same time.
Canada’s Telesat has limped along since. We have given more subsidy then the entire market cap. The strategic importance is very clear. Already Canada is a state with American radar eyes. Canadian eyes are American First and it’s been unnerving to the core state since Diefenbaker. We really shouldn’t lose sovereign satellite comms.
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Good but I kind of wonder if instead of subsidizing Telesat to the tune of billions after privatizing a Crown Corp designed to maintain sovereign satellite and good orbital slots – which we have lost to some degree Anik G1 is really low in the sky, bad – if it’s not better we just structure this as a Crown – Pension – Union – Private national champion and actually go at it to win. Kind of like Bruce Power.
BCE was suppose to run it as a core national backbone but immediately dumped it 6 years after buying it from the Feds. Canada was and should remain a world leader in satellite. We had the most powerful telco sat at peak GEO sat era in the world, and we were the first non superpower with a domestic satellite, beating all the great powers. How do you serve all Canada without sovereign satellites?
The private sector should build and supply. (MDA, others) The *operator* needs to think long term (Crown, Pensions, Dividend seeking investors). BCE dumped it cause it didnt want to think long term or serve the military. Telesat has always served the Feds/DND. „multi decade CapEx ewww“ remember the „Halloween Massacre“ when Jim Flaherty killed the Income Trust tax loophole after BCE was going to convert it’s entire network into basically an oil well tax income trust. That’s explicitly saying „we are done building CapEx, only extracting“. Both happened at the same time.
Canada’s Telesat has limped along since. We have given more subsidy then the entire market cap. The strategic importance is very clear. Already Canada is a state with American radar eyes. Canadian eyes are American First and it’s been unnerving to the core state since Diefenbaker. We really shouldn’t lose sovereign satellite comms.