Brief | Mountain Monopolies - Keeping Canada's Parks Canadian and Competitive

Who owns Canada’s national parks? While the country’s parks are fully under federal domain, the businesses that offer tourist attractions, transportation and lodging are increasingly American-owned, and the markets for those attractions increasingly concentrated. This is especially the case in two of the crown jewels of Canada’s park system, Banff and Jasper National Parks, where an American company now holds a 90% market share in paid attractions.

Canadian regulators must ensure that no private company is able to establish a monopoly within our natural wonders. To make sure Canada’s national parks are as accessible as possible for visitors from home and abroad, we should be keeping our parks Canadian and competitive. To do so, CAMP argues the federal government should:

• Break Pursuit’s monopoly grip on Banff and Jasper by reversing acquisitions well above presumptively anti-competitive levels of market concentration
• Give Parks Canada a mandate to promote competition and Canadian ownership in the markets that visitors to Canada’s national parks depend on

Read the full brief here.