An Air Canada flight departing for Toronto taxis to a runway as a WestJet flight bound for Palm Springs takes off, at Vancouver International Airport in Richmond, B.C., in a file photo. The Canadian Press/Darryl Dyck
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Canada should allow up to 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 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.
