Mr. Speaker, Canada's airline industry is once again on the brink of a crisis. Air Canada announced a $364 million loss, threats of 10,000 lost jobs and a cancellation of regional flights.
Government security taxes and increases to NavCan fees continue to damage an already struggling industry. Overcapacity on routes where Air Canada is trying to drive out low cost carriers is jeopardizing all carriers.
The government needs to listen to those who say to get rid of the security tax and regulate capacity. This is the way to help the industry. When will the minister react?