Posted inCommentary, Province House

When is a management fee a profit margin, and does calling it either make it any less a boondoggle?

On Thursday, lawyers for the McNeil government and Bay Ferries Limited appeared before Nova Scotia Supreme Court Justice Richard Coughlan to dissect the deliberative differences between a “management fee” and a “profit margin,” and to make clear that, in either case, neither is any of our business. The subject before the bar is a secret […]