A proposed law raising foreign ownership limits in airlines and Canada’s biggest railway carrier is headed back to the Senate, the latest step in a tug-of-war that has the mining sector speaking out.
Prime Minister Justin Trudeau’s government has spent the past year plodding forward with a legislative overhaul that affects major companies like Canadian National Railway Co., Canadian Pacific Railway Ltd., Air Canada and WestJet Airlines Ltd. Senators changed the bill a month ago, giving shippers like farmers and mines more power in disputes with railways.
Transport Minister Marc Garneau will accept some but not all of the changes made and will add tweaks of his own, meaning the proposed law will need to return to the Senate. It’s unclear how long that will take.