vociferous
Well-known member
so publicly traded /= publicly owned?
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Helmets
- Thread starter Jetpack
- Start date
so publicly traded /= publicly owned?
Publicly traded means privately owned but the reverse is not necessarily true, as not all companies sell shares.
Less confusing approach perhaps.
State Farm, TD, RBC, Desjardins, and ALL the other such companies are PRIVATE companies, Now they "may" be publicly traded, (Meaning any person can buy shares on the stock exchange).
Manitoba and BC are PUBLICLY OWNED, (administered and RUN by provincial government agencies, SIMILAR to the LCBO).
State Farm, TD, RBC, Desjardins, and ALL the other such companies are PRIVATE companies, Now they "may" be publicly traded, (Meaning any person can buy shares on the stock exchange).
Manitoba and BC are PUBLICLY OWNED, (administered and RUN by provincial government agencies, SIMILAR to the LCBO).
AFJ
Well-known member
Saskatchewan and Quebec also have government operated vehicle insurance plans.
In Ontario, none of the 38 insurance companies which (according to the latest information I've seen) have filed motorcycle insurance rate plans with the Financial Services Commission of Ontario, which regulates the vehicle insurance system, are owned by the Ontario government. Some of these may be "mutual" companies (owned by the insured persons). Most seem to be owned by banks, other financial companies or private shareholders.
AFJ
vociferous
Well-known member
got it
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