Madam Speaker, having lived, eaten, and breathed aviation for 20 years, I know full well the industry inside and out from the airport side, from the air service development side, the business development side, and the airline side of it.
There are some flaws in the member's presentation. A couple of comments caught me off guard.
The member mentioned the threat from the Gulf States' airlines, yet the government cannot approve a pipeline that would stop the oil that is coming from the exact same Gulf States, and our reliance on that.
The member made some comments about doing anything that supports making our airline industry and our Canadian companies more competitive. The Air Canada Public Participation Act states that 75% of the carrier's voting shares be held by Canadians.
Would the member support increasing the voting ownership limit to 49% for foreign ownership? Does my hon. colleague support increasing foreign ownership in our Canadian carriers?