Want to fix Canada’s air industry? More foreign owners needed: watchdog
Global NewsThursday, June 19, 2025 at 3:45:52 PM
Canada’s Competition Bureau is pushing for a major shake-up in the country’s airline industry, suggesting that letting foreign investors fully own domestic airlines could boost competition and potentially lower fares. Right now, foreign ownership is capped at 49%, but the watchdog argues that lifting this restriction could break the dominance of a few big players and give travelers more options.
Editor’s Note: If you’ve ever grumbled about high flight prices or limited choices when booking a domestic trip in Canada, this proposal could be a game-changer. The idea is that more competition might lead to better service and cheaper tickets—but it also raises questions about how much control foreign companies should have over a key part of Canada’s transportation network. It’s a classic debate: open the doors to outside investment for economic benefits, or keep things homegrown to protect national interests? Either way, it’s a conversation worth watching if you care about how you get from point A to point B.
— Curated via WP Now’s
