Raise Foreign Ownership Limit For Airlines, Reduce Airport Security Fees: Review

The Canadian Press, 26 Feb, 2016 12:18 PM

MONTREAL — A review of the transportation system is recommending a number of changes including raising the foreign ownership limit for Canadian airlines and reducing airport security fees.

The 286-page report tabled in Parliament on Thursday was overseen by former federal cabinet minister David Emerson following an 18-month review.

Foreign ownership of Canadian airlines is limited to 25 per cent, but the review says that should be nearly doubled to 49 per cent.

It says for cargo and specialty air services, limits on foreign ownership should be eliminated altogether.

Federal Transport Minister Marc Garneau says the government will consider the review's findings before consulting with Canadians.

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