While the possible recommendations stemming from the Competition Bureau’s investigation into airline competition in Canada could impact the country’s airlines, one analyst says “we do not believe that the government will make radical changes” to the industry.
Still, the Canadian market is dominated by Air Canada and WestJet, although Doerksen says their portion of domestic seat capacity has shrunk in the last five years. According to National Bank, Air Canada has 41 per cent of domestic seats and WestJet has 30 per cent, down from Air Canada’s 48 per cent in 2019 and WestJet’s 34 per cent.
The government revised foreign ownership limits in 2016, lifting them to 49 per cent. Doerksen says whether fully eliminating foreign ownership restrictions will lead to more investment in the Canadian airline industry “is questionable.” He cites the example of Australia, which has no foreign ownership limits, but still has only two carriers.
TORONTO — The gunman in a fatal Toronto shooting believed the two victims had defrauded his family, his wife said, as court records indicate the family was suing the pair after losing more than a million dollars in an alleged investment scam.Ron Nugent says he figures his septic tank is just days away from overflowing. And like many others who are in a similar situation, he says he's coming to realize no one is coming to help."I'm losing sleep over it. My stress level is high.
Roger Stone, a longtime Republican operative who served as an adviser to Donald Trump, was secretly recorded at Mar-a-Lago spilling the beans on the former president’s strategy to challenge the results of the 2024 election should he lose again. The self-described “dirty trickster” of right-wing politics unknowingly divulged the plan to liberal reporters Lauren Windsor and Ally Sammarco, who posed as Trump fans and covertly videotaped him at a “Catholics Prayer for Trump” event on March 19.
People Are Sharing What Happened To Their High School Classmates Who Were Voted Most Likely To Succeed, And It's So Surprising
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