Announcement
23 May 2018
The Transportation Modernization Act (Bill C-49) amended the Canada Transportation Act to ease the requirement that at least 75% of the voting interests be owned and controlled by Canadians, reducing it to 51%.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
23 May 2018
Revocation date:
No revocation date
Updated: 23 May 2018
FDI: Entry and ownership rule
In force
On May 23, 2018 Canada eased foreign ownership restrictions in the aviation sector. The Transportation Modernization Act (Bill C-49) amended the Canada Transportation Act by introducing new measure...
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