this post was submitted on 06 Nov 2023
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Thatβs it. Nationalize Air Canada. We have had it with their self serving doctrine.
I think you mean renationalize ... Mulroney sold it off in '88 after deregulating airfares and letting airlines abandon uneconomic routes. And Ottawa bailed out AC during COVID, buying up almost 10% of the shares.
My guess is nationalization is on the table.
Canada would operate perfectly fine with nationalized airlines, telecoms, and O&G. These are established industries that don't need market effects to grow or remain profitable.
The only reason we don't is because we're fucking idiots beholden to capitalism.