Quote:
Originally Posted by Djeffery
The only thing I can think of that could be termed "subsidized", is the foreign ownership restrictions and cabotage laws. Any majority Canadian company is free to start an airline and only has to pass basic requirements to receive government approval. Many have and many have failed. This isn't the 60's where the government set the routes and who was allowed to fly them. Now that was more a subsidy than telling Delta they can't fly Toronto to Montreal. I doubt we would see fares drop appreciably if that happened anyway, and for most routes, they would rise or services cut.
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But almost all sectors have some sort of barriers to entry. Several sectors have foreign ownership laws (broadcasting, telecom, newspapers, etc), others are subject to various sorts of regulation, including zoning, requirements for environmental assessment, requirements for government approval, licensing requirements on professions, trades, etc. Other sectors have the state as the only legal provider (much of the health system, military, police, etc.).
In the barrier to entry sense, probably 99% of the economy is "subsidized."