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William Watson: Carney should take his own no-meddling advice

Too much government involvement is bad for investment, he tells others. Well, yes, but that's true in Canada, too

According to Britain’s Daily Telegraph, our prime minister, Mark Carney, has warned Britain’s prime minister, Andy Burnham, possibly while they were attending an Everton Football Club match last month, that any move to nationalize the Thames Water company would be bad for international investment in Britain. It seems foreign investors don’t like governments that meddle in their business.

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Thames Water Utilities Ltd is, its website declares, the United Kingdom’s largest water and wastewater manager, delivering what it calls “life’s........

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