Canada to Raise Foreign-Investment Allowance for Airlines - News Summed Up

Canada to Raise Foreign-Investment Allowance for Airlines


Canada plans to allow foreigners to hold bigger ownership stakes in domestic airlines, the latest in a series of Liberal government moves to gradually revamp the country’s foreign-investment regime. Transportation Minister Marc Garneau said foreign investors would be able to own up to 49% of an airline in Canada, almost double the current 25%...


Source: Wall Street Journal November 03, 2016 16:38 UTC



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