Vive Le Canada

Foreign Ownership Restrictions Help No One, Laments Globe And Mail

Posted on Sunday, April 18 at 17:00 by Anonymous
Some neo-con at the globe babbling on about how we need to lift foreign ownership restrictions on the airline industry in Canada. That is the only thing that will save Air Canada he suggests. Read and puke:

Set Air Canada free

Note: Set Air Canada free

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  1. by N Say
    Mon Apr 19, 2004 2:38 am
    "If we didn't have foreign-ownership restrictions on the banks, they'd all be gone." - RBC CEO Gord Nixon. How would you like it if Americans decided what industries the "Canadian" banks would support??

    ---
    "So many right-wing Christians, so few lions." - t-shirt I saw @ school

  2. by avatar Milton
    Mon Apr 19, 2004 6:22 pm
    If Air Canada is in such a bad way why are foriegn investors interested in taking over it? I would rather see it go to a fire sale than see it go to foriegn investors. Screw those foriegn investors, we don't need them coming in to Canada and borrowing money from our banks to buy another Canadian corporation.

  3. by Anonymous
    Mon Apr 19, 2004 8:13 pm
    Without foreign ownership levels in place every new Canadian startup would be swallowed up as soon as it become half ass profitable. We would be left with no domestic industry owned by Canadians.

    Oh what a wonderful country it would be! Its as if Canada already being the most foreign owned nation is not enough!

    Roy



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