Recommendation 6 is a little confusing and surprising to me. Allow “up to” 100% foreign coverage. It can’t be more than 100% owned, so why not just say “allow full foreign ownership“?
Phrasing aside, isnt allowing full foreign ownership of vital industries risky? (Partial ownership seems ok, though.)
Your note spotlights how airline lobbying drowns out reform calls, leaving Canadians with fewer choices and steeper fares. The Competition Bureau's study backs this: one new competitor on a route cuts prices by nine per cent on average. Yet Statistics Canada reports air transportation prices dropped 6.5 per cent in September, offering brief relief—likely from lower fuel costs, not more rivals. Without action on foreign ownership limits, though, this dip may not last.
I'm skeptical when it comes to StatsCan numbers. They've been reporting that cellphone prices, for example, have been falling for some time, which is out of line with what consumers are experiencing and what the telcos' own financial reports have been showing. I had a conversation with several officials there a while back about it and they took those points, planning to change their methodology. In its market study, the Competition Bureau itself points out that airline data is hard to come by and they would like better disclosure, so it makes you wonder how accurate StatsCan is able to be when it comes to pricing.
Recommendation 6 is a little confusing and surprising to me. Allow “up to” 100% foreign coverage. It can’t be more than 100% owned, so why not just say “allow full foreign ownership“?
Phrasing aside, isnt allowing full foreign ownership of vital industries risky? (Partial ownership seems ok, though.)
Your note spotlights how airline lobbying drowns out reform calls, leaving Canadians with fewer choices and steeper fares. The Competition Bureau's study backs this: one new competitor on a route cuts prices by nine per cent on average. Yet Statistics Canada reports air transportation prices dropped 6.5 per cent in September, offering brief relief—likely from lower fuel costs, not more rivals. Without action on foreign ownership limits, though, this dip may not last.
I'm skeptical when it comes to StatsCan numbers. They've been reporting that cellphone prices, for example, have been falling for some time, which is out of line with what consumers are experiencing and what the telcos' own financial reports have been showing. I had a conversation with several officials there a while back about it and they took those points, planning to change their methodology. In its market study, the Competition Bureau itself points out that airline data is hard to come by and they would like better disclosure, so it makes you wonder how accurate StatsCan is able to be when it comes to pricing.