Thank you for the question.
There are a lot of issues related to that foreign ownership limit. In my opinion, it isn't necessary to remove that limit.
There are enough rich people with deep pockets in Canada to actually invest in airlines. I don't think we need to open up this constraint.
That would also have all kinds of implications for bilateral agreements. For instance, if we were to do that, would our partners such as the United States and other countries also be prepared to follow suit?
Getting back to the issue of taxes, for argument's sake, let's say all carriers have to pay those taxes, so the rules of the game are fair. The taxes are high but at the same time it is reasonable for users to pay a price that actually reflects the services they receive.
My concern—