Madam Speaker, why can my hon. colleague not support the excellent measures proposed in the bill?
The bill would allow foreign vessels to reposition their containers between locations in Canada. This would make Canadian trade corridors more attractive to global logistical companies. It would also allow Canadian port authorities to have access to the Canadian Infrastructure Bank. That would enable them to make critical investments in port infrastructure.
The bill would liberalize the ownership of air carriers, from 35% to 49%, while ensuring that no single foreign entity or group of airlines could own more than 25% of the airline stake. At the same time, it would ensure that speciality air carriers, like firefighting air carriers or aerial photography air carriers, would have no change in foreign ownership. It would still be limited to 25%.
Why can the member not support these excellent measures?