Canada to boost foreign ownership cap in airlines to 49%
#1
Original Poster
Join Date: May 2016
Posts: 2,494
Canada to boost foreign ownership cap in airlines to 49%
Canada to boost foreign ownership cap in airlines to 49%
Canada to boost foreign ownership cap in airlines to 49%
Canada to boost foreign ownership cap in airlines to 49%
#3
FlyerTalk Evangelist
Join Date: Sep 1999
Location: Toronto, Ontario, Canada
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Posts: 38,186
Only for new startups, not AC or WS. (And not even sure about PD, though Deluca will probably try for an exemption.) Since the Americans haven't changed their foreign ownership limits policy, why should we? At the same time, are there really that many foolish foreigners who want to lose money in Canada?
#5
Join Date: Oct 2007
Location: Left
Programs: FT
Posts: 7,285
Only for new startups, not AC or WS. (And not even sure about PD, though Deluca will probably try for an exemption.) Since the Americans haven't changed their foreign ownership limits policy, why should we? At the same time, are there really that many foolish foreigners who want to lose money in Canada?
it is perverted to suggest the limits in the US have prevented competition. the same CAN NOT be said for the limits in Canada that perpetuate lack of competition. your analogy is terribly weak!
#6
Join Date: Mar 2011
Location: Canada
Programs: Star Alliance G*, Marriott Bonvoy Titanium,
Posts: 3,585
reduce user fees = lower airfares for Canadians
Marc Garneau promised Canadians lower airfares:
https://www.thestar.com/news/canada/...ster-says.html
i.e. raising the foreign ownership limit to 49 % was one of the means to achieve this.
Sorry to be cynical, but haven't we heard this promise before?
The fact is its much cheaper to fly out of the US (or anywhere else, for that matter!) than to buy a tix. from a Cdn. point or origin. Why? As the article notes, Canadians pay higher surtaxes and fees than citizens of other countries.
The way to lower airfares in Canada is to reduce user fees. Its that simple.
https://www.thestar.com/news/canada/...ster-says.html
i.e. raising the foreign ownership limit to 49 % was one of the means to achieve this.
Sorry to be cynical, but haven't we heard this promise before?
The fact is its much cheaper to fly out of the US (or anywhere else, for that matter!) than to buy a tix. from a Cdn. point or origin. Why? As the article notes, Canadians pay higher surtaxes and fees than citizens of other countries.
The way to lower airfares in Canada is to reduce user fees. Its that simple.
#7
Join Date: Mar 2007
Posts: 4,784
Marc Garneau promised Canadians lower airfares:
https://www.thestar.com/news/canada/...ster-says.html
i.e. raising the foreign ownership limit to 49 % was one of the means to achieve this.
Sorry to be cynical, but haven't we heard this promise before?
The fact is its much cheaper to fly out of the US (or anywhere else, for that matter!) than to buy a tix. from a Cdn. point or origin. Why? As the article notes, Canadians pay higher surtaxes and fees than citizens of other countries.
The way to lower airfares in Canada is to reduce user fees. Its that simple.
https://www.thestar.com/news/canada/...ster-says.html
i.e. raising the foreign ownership limit to 49 % was one of the means to achieve this.
Sorry to be cynical, but haven't we heard this promise before?
The fact is its much cheaper to fly out of the US (or anywhere else, for that matter!) than to buy a tix. from a Cdn. point or origin. Why? As the article notes, Canadians pay higher surtaxes and fees than citizens of other countries.
The way to lower airfares in Canada is to reduce user fees. Its that simple.
Lower user/airport fees first
THEN blame the airlines if they don't lower prices accordingly
#10
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Join Date: Jul 2001
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Posts: 102,095
But given this week south of the Canadian border, you can bet I don't see such a thing happening in 2017 or for some years to come.