Competition Bureau Recommends More Foreign Investment and Ownership in Canadian Airlines Amid Low Competition

Allow total foreign ownership of domestic-only Canadian airlines: Competition Bureau report

"Allowing more foreign investment in Canadian airlines improves access to capital, drives growth and promotes competition," the report says.

If Canada wants cheaper air travel, we must consider more foreign investment, Competition Bureau says

A study by Canada’s Competition Bureau found that new airlines are struggling to survive in an industry dominated by aviation giants Air Canada and WestJet.

Want to fix Canada’s air industry? More foreign owners needed: watchdog - National

Canada's Competition Bureau recommended the federal government allow up to 100 per cent foreign ownership of domestic-only airlines to spur competition.

Watchdog urges Canada to open airline sector to more foreign capital

Canada should loosen investment rules for airlines to allow full foreign ownership of carriers that fly only within the domestic market, according to the country’s competition watchdog.

Watchdog Recommends up to 100% Foreign Airline Ownership Amid Low Competition

Canada should allow 100 percent foreign ownership of domestic-only airlines, the Competition Bureau says in a new report highlighting the country’s “highly concentrated” aviation industry. In a market study released Thursday, the watchdog suggested creating a new class of airline that operates only in Canada but could have owners from outside its borders, opening the gate to global expertise—and cash. The current foreign ownership cap sits 49 pe…