08-03-2016, 07:59 AM
(08-02-2016, 09:20 PM)tomh009 Wrote: All that is correct. I don't think it's actually a rationale, though. You could say "national interest" but I'm not sure that having an airline 75% owned by nameless Canadian shareholders is more valuable to the country than having more alternatives for the consumers.
If it's a legal requirement of treaties we're party to that airlines which fly internationally be domestically controlled, that's about the most concrete rationale anyone is likely to have. Whether you ascribe motives about national interest of protectionism to the requirement, I don't think you'll ever have the lawmakers spell it out like that- though sometimes they come close with other sectors.
I don't think panamaniac is likely to get a better rationale for the requirement than what Industry Canada provides there.