Canadian North’s new owner, EIC, says no immediate changes to flights or fares are planned, as community talks begin and regulators approve the sale.

Canadian North Sale Finalized After Federal Approval

The sale of Canadian North Airlines to Exchange Income Corporation (EIC) has been finalized following the green light from the Competition Bureau and Transport Canada. The Winnipeg-based EIC, led by President Carmele Peter, officially took over the airline last month after months of regulatory review.

No Immediate Plans to Alter Routes or Prices

Peter confirmed there are no immediate plans to change Canadian North’s current routes, frequencies, or ticket prices. However, she acknowledged that aviation costs have risen significantly and future pricing adjustments may be considered based on economic need.

“Ultimately, we’ve seen significant aviation inflation,” Peter noted. “We’ll evaluate flight costs and act where necessary — but not right away. We’ll do our homework first.”

Community Consultations on Future Improvements

As part of its integration strategy, EIC plans to meet with local communities and stakeholders across the North. The aim is to understand regional needs and identify opportunities to improve service quality and accessibility.

Peter emphasized the importance of maintaining strong community ties in a region where air travel is essential. “Engaging with the communities we serve will guide our decisions,” she said.

Competition Bureau Confirms No Market Overlap

The transaction raised no major red flags for the federal Competition Bureau. Spokesperson Geneviève Chassé confirmed the deal had been reviewed and allowed to proceed, although specific details remain confidential due to regulatory protocols.

The Bureau assessed whether the acquisition would reduce competition in northern air travel, ultimately determining it would not. EIC already owns several regional aviation firms, including Calm Air and Perimeter Aviation, which operate in different service areas from Canadian North.

Distinct from 2019 Airline Merger

Peter differentiated this acquisition from the controversial 2019 merger between the “old” Canadian North and First Air — a deal that effectively created a monopoly in Nunavut and prompted Competition Bureau warnings.

“There is no elimination of competition here,” Peter stated. “It’s a change in ownership, not a reduction in airline options.”

Broader Calls for Competition in Northern Skies

The Competition Bureau has recently flagged northern air travel as a sector in need of more competition. In a recent report, it encouraged federal efforts to promote more choice, lower prices, and expanded connectivity for remote communities.

While Canadian North’s ownership has changed hands, stakeholders and travelers alike will be watching closely to see how service and pricing evolve under EIC’s stewardship.

For continuous coverage and real-time updates, keep following Maple News Wire.

A 45,000-litre acid spill closed Highway 402 near Strathroy after a crash. OPP warns of health hazards as cleanup continues into Thursday.

Crash Between Vehicles Causes Major Disruption

A serious collision between a tractor trailer and a passenger vehicle led to the shutdown of Highway 402 westbound near Strathroy, Ontario, on Wednesday, July 2. The incident occurred just after 1:00 p.m., according to Ontario Provincial Police (OPP) in Middlesex County. Emergency services were immediately dispatched following reports of a chemical spill at the scene.

Location of Closure and Affected Areas

The affected stretch of Highway 402 lies between Centre Road and Kerwood Road, west of London, Ontario. OPP confirmed that the westbound lanes will remain closed until Thursday morning to allow cleanup crews to work safely. Detours have been established, and drivers are being urged to avoid the area.

Hazardous Material Identified as Sulphuric Acid

Police reported that the tractor trailer involved in the crash was carrying approximately 45,000 litres of acid. A significant amount of the chemical spilled after the truck veered into a ditch. Authorities have not confirmed the exact chemical, but it has been identified as a type of industrial acid. The OPP warned the public of potential health and environmental risks from exposure.

Initial Cause and Casualty Update

According to police, the collision occurred when a passenger vehicle abruptly cut off the transport truck, causing it to lose control and overturn. Despite the severity of the incident, no serious injuries were reported. Both drivers were assessed on scene, and no hospitalizations have been confirmed as of publication.

Emergency and Environmental Response

The OPP is working in coordination with local emergency responders and Ontario’s Ministry of the Environment to manage the chemical spill. Specialized hazmat teams have been deployed to the area to contain and neutralize the substance. Officials emphasized that public safety remains the top priority.

Public Warning and Ongoing Monitoring

Authorities continue to advise residents and motorists to avoid the area until the cleanup is complete. “The material involved in the spill is potentially hazardous and may pose a threat to public health and safety,” OPP said in a media release. Updates are being shared through official channels, including the OPP West Region’s social media.

https://x.com/OPP_WR/status/1940563798911603157

For continuous coverage and real-time updates, keep following Maple News Wire.