Mr. Speaker, in the discussions that we have had with various stakeholders, including the airlines, at no time was it ever suggested that their needs were to have an injection of foreign capital over the 25% limit. We have rejected increasing the limit over 25% because this government absolutely and fundamentally believes that the airline industry in Canada must be effectively controlled by Canadians.
In the House of Commons on October 27th, 1999. See this statement in context.