Lower air travel costs by privatizing airports and opening the sector to more competition
Canada has some of the highest air travel costs in the world. In cost competitiveness, we rank 124th. Many Canadians rarely, or never, fly because of the cost. Many others only fly from American airports because it is so much cheaper there. To tolerate this in a country as vast as Canada, where air travel is often a necessity, is unacceptable. Privatizing the airports, and running them like businesses instead of government cash cows, will help reduce costs. It is also important to open the sector to more competition by lowering foreign ownership requirements and pursuing open skies agreements with other countries. These measures will help keep more money in the pockets of Canadian travellers. It’s the right plan.