I visited the Casa Loma while in Toronto over the weekend. I took a snapshot of a quote in a display. It sums up the ongoing tension between the role of the public and private sectors in the area of economic development.
This quote is regarding Sir Henry Pellatt who was a major industrialist during the early part of 20st century. The counterpoint to this quote is obvious. Pellatt got a 30 year monopoly to provide electric power to the City of Toronto.