IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2010 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

The 2009 Budget Implementation Act (Bill C-10, Part 14) amended the definition of "Canadian" as it applies to airlines in the Canada Transportation Act by changing the minimum of 75% Canadian ownership to a foreign ownership ceiling that may not be more than 49% in respect of non-Canadians. Prior to this law, foreign ownership of Canadian airlines had been limited to 25% of voting shares.

AFFECTED COUNTRIES

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