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Want to fix Canada's air industry? More foreign owners needed: watchdog
Want to fix Canada's air industry? More foreign owners needed: watchdog

Global News

timea day ago

  • Business
  • Global News

Want to fix Canada's air industry? More foreign owners needed: watchdog

Canada's Competition Bureau is urging the federal government to allow for up to 100 per cent foreign ownership of domestic-only airlines as a way to spur more competition in the industry. The recommendation is one of several made by the Competition Bureau in a new study looking at Canada's aviation industry, with the watchdog suggesting changes to the 'highly concentrated' market. 'With the right policy changes, governments can create the conditions for new airlines to grow and compete – and give Canadians access to more affordable, reliable options for flights,' Matthew Boswell, commissioner of competition, said in a statement. Among the suggestions is to create a new class of airline that operates only in Canada but allows for owners to be from outside the country, with up to 100 per cent ownership, which it says would allow domestic aviation to benefit from 'greater global expertise and capital.' Story continues below advertisement The watchdog also recommends changing Canada's current single-investor foreign ownership limit, currently set at 25 per cent, up to 49 per cent. 'Allowing more foreign investment in Canadian airlines improves access to capital, drives growth, and promotes competition,' the report reads. 1:49 Manitobans travelling domestically this summer That capital could be important for new airlines hoping to gain a foothold in Canada, as the study found that those who recently entered the market say foreign investment is 'critical' for them to launch and stay in the air. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy According to the bureau, adding just one extra competitor to a route can reduce airfares by about nine per cent. The study outlined various challenges faced by both airlines and travellers, noting that airlines are struggling to enter the market, stay in business and grow, while passengers face higher costs and complex flight bookings. Story continues below advertisement The Competition Bureau says robust competition would result in better service and lower prices. The study says while airlines like Flair and Porter have succeeded and are expanding their services, others, like Lynx Air, have exited, with market concentration remaining 'extremely high' and competition from new entrants 'fragile.' At major airports, Air Canada and WestJet account for roughly 56 to 78 per cent of all domestic passenger traffic. 'A concentrated market has few, large airlines,' the report says. 'They face less pressure to offer passengers a good deal because travellers have few choices.' The report also says the federal government should remove barriers that prevent smaller airports from competing with major hubs for international flights. Currently, international flight exclusivity clauses prevent more than one airport in a local area from hosting international flights, often restricting them to a major hub airport. 'Removing these restrictions would enable secondary airports to respond to market opportunities,' the study found. 'Passengers, workers, and airlines would then have more options.' The watchdog also says a national working group should be established to focus on higher-quality and more accessible services to remote regions. The report also says the minister of transport should no longer be able to override the federal review process and allow deals to move forward that have been deemed anti-competitive. Story continues below advertisement Over the past 20 months, four low-cost carriers have disappeared from the skies, as Lynx Air and Canada Jetlines shut down and WestJet folded subsidiary Swoop and the recently acquired Sunwing Airlines into its mainline service. — with files from The Canadian Press

Flair Launches Pro Smart Vent Zoning & Air Balancing Solutions with Real Time Static Pressure Monitoring
Flair Launches Pro Smart Vent Zoning & Air Balancing Solutions with Real Time Static Pressure Monitoring

Associated Press

time2 days ago

  • Business
  • Associated Press

Flair Launches Pro Smart Vent Zoning & Air Balancing Solutions with Real Time Static Pressure Monitoring

'It's zoning built for performance, protection, and professional-grade installs.'— Daniel Myers, CEO of Flair SAN FRANCISCO, CA, UNITED STATES, June 18, 2025 / / -- Flair, a leader in smart zoning technology, announced the launch of its new Pro Level Smart Vent Zoning & Air Balancing Solutions — a major evolution in home comfort and energy efficiency for professionally installed systems. Building on the success of its original Entry Level Smart Vent system, Flair's new Pro Zoning solutions introduce dynamic, real-time airflow control, featuring professional-grade performance through direct HVAC equipment integration. At the core of the Pro solutions are Flair's new Pro-only Static Pressure Kit and Bridge Pro. Connected to the Bridge Pro, the Static Pressure Kit continuously measures the Total External Static Pressure (TESP) to dynamically open and close Flair Smart Vents within a configurable static pressure limit — ensuring optimal airflow and delivering unparalleled comfort, efficiency, and equipment protection. Flair's Pro Zoning solutions enable aggressive airflow management without the need for traditional dampers, ductwork modifications, or additional thermostat wire pulls, installing in half the time and half the cost of traditional zoning alternatives. Easy to deploy, cost effective, and highly capable, Flair's Pro zoning makes retrofit zoning attractive to contractors and accessible for homeowners. 'With the launch of our Pro Smart Vent solutions, we're giving HVAC professionals tools to bring powerful zoning and air balancing into the modern era,' said Daniel Myers, CEO of Flair. 'These solutions take everything that's made our Entry Level system so successful and elevates it with real-time static pressure monitoring, aggressive airflow control, and intelligent fan speed management. It's zoning built for performance, protection, and professional-grade installs.' Key Features: • Real-time static pressure protection to maximize comfort, efficiency and equipment protection • Installs quickly without wiring dampers or thermostat wire pulls • Integrates seamlessly with existing smart thermostats and room sensors • Available exclusively to HVAC dealers, contractors, builders, and distributors • Multi speed fan control available for select OEM equipment for minimized energy consumption without compromised comfort Flair Pro Zoning solutions are now available to licensed HVAC professionals. Find out more. Media Team Flair [email protected] Visit us on social media: LinkedIn Instagram Facebook YouTube X Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Charlotte Flair doubts another women's WrestleMania main event will ever happen
Charlotte Flair doubts another women's WrestleMania main event will ever happen

Time of India

time3 days ago

  • Entertainment
  • Time of India

Charlotte Flair doubts another women's WrestleMania main event will ever happen

Charlotte Flair does not see a WrestleMania main event for women happening in the future. Charlotte Flair has become one of the most accomplished superstars of this generation. She has claimed 14 World titles and major accolades throughout her WWE career. Tired of too many ads? go ad free now A huge milestone she etched in her resume was back in 2019, when she became a part of the first-ever women's main event at WrestleMania 35. Despite being a main eventer herself, Flair does not see that incredible sight recreated in the future. Charlotte Flair gives her take on a women's WrestleMania main event not happening again In a recent interview with Games with Names, Charlotte Flair spoke about women getting another chance at main eventing WrestleMania. The Queen stated that it would never happen again unless WWE reverted to a one-night format for The Show of Shows. She said, 'It was the main event of only one night [Becky v Ronda v Charlotte], now we have two nights. So it's a big deal, like now you have two nights, two different opportunities, so that being the main event of one night was huge. Like it'll never happen again, unless we go to one night.' Charlotte Flair competed in the first-ever women's WrestleMania main event. It was a 'Winner Take All' triple-threat match between her, , and at WrestleMania 35. Rousey walked into the match as the RAW Women's Champion, while Flair was the SmackDown Women's Champion. The trio delivered a highly captivating showdown that ended in Lynch becoming a double champion and taking her fame to unprecedented heights. This was the last Mania under the one-night era. Furthermore, two women got a chance to main event The Showcase of the Immortals under its two-day format. Two years after Lynch won the titles in grand fashion, Sasha Banks and Bianca Belair competed in the main event of Night 1 of WrestleMania 37. Moreover, it was two black women to headline the match, which made it even more significant, and saw Belair winning the match and the SmackDown Women's title. With the history etching two remarkable women's WrestleMania main events, it remains to be seen if the current crop of talent can prove Flair's statement to be wrong and achieve that same prestigious accolade. Also read:

Wrestling Legend Ric Flair Forced To Cancel Appearance Amid Cancer Battle
Wrestling Legend Ric Flair Forced To Cancel Appearance Amid Cancer Battle

Newsweek

time4 days ago

  • Entertainment
  • Newsweek

Wrestling Legend Ric Flair Forced To Cancel Appearance Amid Cancer Battle

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. WWE Hall of Famer Ric Flair has provided a new update regarding his ongoing battle with skin cancer. On Monday morning, "The Nature Boy" announced via social media that he has been forced to cancel a scheduled appearance for this week. He explained that he needs to prioritize his health and focus on his treatment. The cancellation comes after a week of conflicting reports regarding his condition. Flair Cancels Appearance To Prioritize Health On Monday, June 16, Flair took to his X account to apologize to fans for the cancellation. He noted that he was canceling a Tuesday appearance and admitted to putting off his health in the past. "To all my dear friends and fans — I am so sorry that I will not be able to see you Tuesday," Flair wrote. "I have health issues that I need to attend to, as I have procrastinated putting my health first in the past." More news: WWE News: Steve Austin Reveals Real-Life Vince McMahon Confrontation 'Melanoma Is Nothing To Play With' In his statement, the 16-time world champion revealed the specific type of skin cancer he is dealing with. He stressed the seriousness of the diagnosis. Ric Flair speaks onstage at The Roast of Ric Flair at Nashville Fairgrounds on July 29, 2022 in Nashville, Tennessee. Ric Flair speaks onstage at The Roast of Ric Flair at Nashville Fairgrounds on July 29, 2022 in Nashville, Tennessee."Melanoma, I have found out, is nothing to play with. I promise to see you ASAP," Flair continued. He ended the post by thanking his fans for their support, adding, "Please continue to love Ric Flair Drip, as Ric Flair Drip loves you." A History Of Health Battles This marks Flair's second bout with skin cancer in the last three years. The legendary wrestler has a well-documented history of overcoming serious health scares. Most notably, he survived a near-fatal experience in 2017 when he suffered from organ failure and was placed in a medically induced coma. This latest statement provides a clear and direct update to fans after some initial public confusion. Flair is now focused on his treatment and recovery. He has promised his fans that he will see them again as soon as he is able. Flair has been through so much in his life and we certainly hope that Flair makes a speedy recovery during this tough time in his life. Hopefully, he will provide a positive update soon. More WWE News: For more on WWE, head to Newsweek Sports.

WWE icon, 76, flooded with support from fans after revealing cancer update
WWE icon, 76, flooded with support from fans after revealing cancer update

Metro

time4 days ago

  • Entertainment
  • Metro

WWE icon, 76, flooded with support from fans after revealing cancer update

WWE legend Ric Flair has informed fans that he must scrap a scheduled meet and greet due to 'health issues'. The 76-year-old retired wrestler was inundated with supportive messages after sharing the update, having announced earlier this month that he had skin cancer. Flair, whose real name is Richard Morgan Fliehr, said at the time that this is his second skin cancer diagnosis in three years. He started undergoing treatment last week. Now, the Memphis-born star has explained that his poor health means he cannot meet his supporters as planned tomorrow. He was due to host the meet-and-greet event at a Mississippi wellness clinic. Taking to Instagram, where he boasts 2.5million followers, he wrote: 'To All My Dear Friends And Fans- I Am So Sorry, That I Will Not Be Able To See You Tuesday. I Have Health Issues, That I Need To Attend To. As I Have Procrastinated Putting My Health First In The Past. Melanoma, I Have Found Out, Is Nothing To Play With. I Promise To See You ASAP. Please Continue To Love Ric Flair Drip, As @ricflairdrip Loves You [sic]'. The WWE Hall of Famer soon had his fans wishing him well in the comments, assuring him that they understand his 'health comes first'. 'God bless you Ric. We love you. ❤️', commented @elainahubble. @chrisbeepz added: 'take it easy legend 🙏🏽'. 'We love you Ric health comes first ❤️', wrote @mayne_dan. The 16-time WWE champ initially denied his cancer diagnosis on X in a bid to keep it private. However, once he felt ready, he confirmed it to People. 'It's the second time in three years that I've been dealing with skin cancer,' he told the outlet. 'I will be undergoing treatment next week.' He also thanked people for their well wishes, adding: 'Appreciate the concerns!' Flair's health woes have been well documented in recent years. In August 2017, he was hospitalised with stomach pains. A few hours later, he was in the early stages of kidney failure. Widely regarded as one of the greatest pro wrestlers of all time, Flair was also close to congestive heart failure. His loved ones were prepared for the worst, as doctors informed them he only had a 20% likelihood of survival, having put him into a medically induced coma, where he remained for 11 days. Flair had a pacemaker fitted and part of his bowel removed. Speaking to People a month after the ordeal, he admitted just how bad it got. 'I crashed in an aeroplane and broke my back; I've been hit by lightning, but this is totally different,' he confessed. 'Anything I've been through before is nothing like this.' Throughout it all was his partner, Wendy Barlow. They were together for 13 years before parting ways in September 2024. However, Flair still cherishes how she cared for him, writing in a social media statement at the time their split became public: 'I'll Never Ever Be Able To Thank Her Enough For Standing By My Side Through My Terrible Health Crisis In 2017.' 'She Never Left My Side! And For That I Will Always Be Grateful! [sic]', he added. Alas, his battles continued in 2019 when Flair was rushed to the Atlanta hospital emergency room after suffering a 'very serious' medical emergency. He went on to have heart surgery once again. Flair's heart problems can be attributed to alcohol abuse, which he discussed in his book, Ric Flair: To Be the Man. He shared that he suffered from alcoholic cardiomyopathy, which is a cardiac disease caused by chronic alcohol consumption 'I had one vice,' Flair told Sports Illustrated in 2017. 'I'm not going to point my finger at anybody else. My vice was drinking. 'I didn't have any pain issues, addiction problems, marijuana, cocaine, nothing like that. It's a fact that I kept myself up all night and always had a good time.' More Trending Flair's wrestling career spanned 50 years before he retired in 2022. The 'Nature Boy' won numerous titles and was named Wrestler of the Year on several occasions. In his 2022 Peacock documentary Woooooo! Becoming Ric Flair, then-wife Barlow said that Flair seemed to rely on his WWE persona to help him through tough times. 'I don't know how he survived,' she said. 'What he did was go back into Ric Flair, to be a character so he didn't have to feel.' If you or someone you care about has been diagnosed with cancer, Macmillan can offer support and information. You can contact their helpline on 0808 808 00 00 (7 days a week from 8am to 8pm), use their webchat service, or visit their site for more information. View More » MORE: The backlash against 'tradwife' influencer Nara Smith explained MORE: Mariah Carey explains why she doesn't believe in the concept of time MORE: Katy Perry's engagement ring missing with Orlando Bloom split rumours mounting

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