MISSISSAUGA, Ont.–Cargojet Inc. released a statement in response to Transport Canada’s review of the recently announced Canada Transportation Act.
“Cargojet welcomes the decision by the Honourable Minister of Transport, Marc Garneau to maintain current foreign ownership levels at twenty five percent (25%) for air cargo operators. We recognize and appreciate the extensive and exhaustive study undertaken by the Federal Government in consultation with stakeholders. Cargojet is completely and fully supportive of the initiatives announced,” says Ajay Virmani, President and CEO. “This decision provides continued stability of air cargo services to all Canadians in each region across the nation,” added Virmani.
Cargojet also fully supports the Government initiatives outlined “pertaining to enhanced safety and security measures that will ensure a safe and secure supply chain for all Canadians and the $10.1B infrastructure investment in Canada’s overall transportation system.”