Transportation review favours market forces, suggests airport privatization

UBC professor David Gillan said he was pleased to see a recommendation to privatize airports, which would give larger airports access to equity markets.
Among the recommendations in a review of the Transportation Act is a suggestion that foreign ownership thresholds for airlines be increased to 49 per cent from 25 per cent.
The Transportation Act review report suggests continued reliance on market forces for developing transportation services, but some say the government should use caution when changing airport ownership and governance structures, as suggested in the report. On Feb. 25, Transport Minister Marc Garne...

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