<p>Canada should allow up to 100 per cent foreign ownership of domestic-only airlines in a bid to lower fares and boost flight options, the Competition Bureau says in a new report highlighting the country’s “highly concentrated” aviation industry.</p>

"Allowing more foreign investment in Canadian airlines improves access to capital, drives growth and promotes competition," the report says.{ai:summary}<p>The Competition Bureau of Canada recommends allowing up to 100% foreign ownership of domestic airlines to enhance competition, reduce fares, and increase flight options. The report emphasizes the need to address the “highly concentrated” nature of the aviation industry in Canada. #economy</p>

Allow total foreign ownership of domestic-only Canadian airlines: Competition Bureau report

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