this post was submitted on 04 Jan 2024
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[–] [email protected] 2 points 1 year ago* (last edited 1 year ago)

Because ROBeLUS make so much money that there's a lot left for influencing* regulation. According to some rough numbers from Wikipedia, ROBeLUS made combined 6.5B in profit in 2019. 2019 because that's the year available for two out of three and I don't feel like digging in for newer data. That's more than $170 for every Canadian.

*Influencing refers to various forms of legal and illegal lobbying, but also convincing unaffiliated voters to vote against their own interests. Instead lobbying and voting for ROBeLUS'es interest. Case in point the brilliant line - "If you let big gov regulate us, we won't have the money to build rural infrastructure." - wink wink, nudge nudge rural voter.