Opinion split over impact of UAE, Canada visa tightening
Chief Executive of Air Canada (AC. B. T), Calin Rovinescu has praised the Canadian government for putting the interests of all the Canadians first and other considerations regarding the foreign takeover of Potash Corp. of Saskatchewan (POT) as well as the negotiations concerning the Canada-UAE bilateral air later.
For both cases, the government has acted keeping in mind the interests of Canadian commerce, Canadian jobs and the progressing growth of the Canadian economy.
There will be no benefits whatsoever for the caving in to Canada.
The hostile bid for Potash Corp. Worth almost $40 billion by BHP Billiton Ltd. was provisionally rejected by the Canadian government, justifying that there wouldn't be any economic benefit generated for the nation.
The discussions of Canada with the United Arab Emirates that took place previous month were unsuccessful in increasing the aviation links between the two nations. The UAE is looking for more landing rights in Canada for its national carriers and that is being disapproved of by Air Canada. Soon after the failure of the discussions, Canada was forced by the UAE to remove its military base from the country.
Rovinescu believes that a domestic competitive framework is necessary for becoming a global champion.
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