Articles tagged “foreign ownership laws”

Air Canada Insists WestJet Takeover Must Be Canadian, Not Foreign

Air Canada Insists WestJet Takeover Must Be Canadian, Not Foreign

Doug Alexander, Bloomberg

The rules are the rules, in this case about prohibitions against foreign ownership of Canadian airlines. Air Canada is trying to ensure that WestJet isn't advantaged by foreign funding interlopers.

9 months ago

Canadian Bill to Relax Foreign Ownership Laws on Airlines and Railways Hits a Snag

Canadian Bill to Relax Foreign Ownership Laws on Airlines and Railways Hits a Snag

Frederic Tomesco and Josh Wingrove, Bloomberg

The proposed bill establish new airline-passenger rights for customers in Canada, so that's good news for consumers.

2 years ago