Travellers may clear Canada Jetlines for landing, but an investment group of seven Manitoba First Nations wants the discount airline startup grounded before takeoff. Canada Jetlines wants Transport Minister Marc Garneau to give the B.C.-based company an exemption on foreign investment rules for airlines. But to find the capital (approximately $27 million) to satisfy requirements for a federal airline licence, the company wants Ottawa to ease foreign investment restrictions. First Nations investors want competition groundedThe group of seven Manitoba First Nations recently made a sizable investment in NewLeaf Travel. NewLeaf president Jim Young says his company has 20 Winnipeg employees and there are more to come.

Source: CBC News August 19, 2016 10:01 UTC