When we look at airline competition, as we did for close to a year, it's a concentrated market in Canada. Air Canada and WestJet have a combined control of anywhere between 56% and 78% of passenger share in most major airports in Canada. There have been inroads on competition, if we look at Porter and Flair, but if we look at the history, competition can be fragile.
We also know that competition matters for airfare. We did some data work that showed that when you have one more competitor flying on a given route in Canada, prices go down by 9%. Competition is very important, especially given concerns about affordability.
We provided 10 recommendations for tangible steps that governments can take to increase competition in the market. There are three broad categories. The first is prioritizing competition in federal aviation policy. The second is looking at lowering barriers to foreign investment in the Canadian industry so that we can tap foreign investment and experience to enable it to thrive. The third is looking at northern Canada and remote regions, and how we can take steps to prioritize contestability in these remote markets.