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The late-80s and early-90s saw the Canadian government divest itself from some of its largest state-owned businesses (known in Commonwealth countries as Crown Corporations) – particularly when it came to transport and energy companies. In a sweeping implementation of Thatcherism led by Conservative premier Brian Mulroney, Ottawa privatized aerospace companies Canadair and de Havilland in 1986, sold off Air Canada in 1988, liquidated its majority stake in Petro-Canada in 1991 and finished s