Aviation reform: the key to Canada’s economic recovery

Disruptions to the aviation industry caused by COVID-19 have made a return to pre-pandemic normalcy in the industry highly unlikely. Yet, for Canada’s economy to fully recover, so must aviation; it contributes $63.67 billion to the GDP^[1].

Our new perspective, Aviation reform: the key to Canada’s economic recovery, shares our proposal for reforms for both government and industry players, which address the bold action needed to stabilize the industry’s future.

Even if vaccine developments suggest a light at the end of the COVID-19 tunnel, that light remains distant. Until the pandemic abates, aviation is poised to be more volatile, uncertain, complex, and ambiguous than ever before. The government and players across the industry must act without delay to avoid jeopardizing the industry’s future.

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[1] IATA, The Importance of Air Transport to Canada, 01/06/2019
https://www.iata.org/en/iata-repository/publications/economic-reports/canada--value-of-aviation/