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  Prime Minister Mark Carney's government wants to bring private capital into the operation of Canada's four largest airports — Toronto Pearson, Montréal-Trudeau, Vancouver International and Calgary International. Ottawa frames this as a way to unlock billions in investment without selling the airports outright: the federal government would keep ownership of the land and assets while granting private investors long-term operating concessions. That distinction matters to policymakers, but for the passenger at the check-in counter, a different question matters more: who eventually pays the investor? Private capital is not charity. Pension funds and infrastructure investors who commit billions to Canadian airports will expect a return, and that money has to come from somewhere. Canada's aviation system already runs largely on the user-pay principle — the Competition Bureau reports that passenger fees alone accounted for 33 to 47 percent of revenue at the country's eigh...

                                                       How Arteta Has Turned Arsenal from a Punchline into a Problem A subtle shift is taking place around Arsenal. The banter from rival supporters is becoming quieter, replaced by a growing recognition that Mikel Arteta has built a team that is increasingly difficult to solve. Chelsea Met a Different Arsenal Xabi Alonso arrived at Chelsea with serious credentials after winning the German league unbeaten. Chelsea’s early performances under him showed attacking promise, that so many expected them to provide Arsenal with a major test. Instead, after scoring early, Chelsea created very little of consequence. Arsenal remained composed, controlled the match and dealt with the challenge methodically rather than emotionally. A Team That Knows How to Win For years, Arsenal could play ...

  There is a contradiction at the heart of modern politics. We complain that life is too expensive, that taxes are too high, that businesses charge too much — and yet the moment something goes wrong, the instinct is the same: the government should do something. Regulate it, license it, inspect it, subsidize it, create an agency for it. Then we wonder why everything costs more. Consider the difference between a few families buying a cow together, having it butchered, and dividing the meat, versus buying meat through the commercial food system. The first is a simple chain: farmer, cow, butcher, families. The second passes through layers of licensing, inspection, labelling, and record-keeping — all of it staffed by people who must be paid, either through taxes or through the prices businesses pass on to customers. Either way, we pay. What About Health and Safety? Regulation clearly has benefits, and nobody serious wants contaminated food or unsafe slaughterhouses. But the re...