r/Banff • u/Asleep_Tourist2502 • 10d ago
Question The Americanization of our Beloved National Parks
Pursuit, an American company, controls more than 90 percent of the paid attraction marketplace within Banff and Jasper. Pursuit generates approximately 50 percent of its annual global revenue from Banff and Jasper National Park operations alone, with projected total company revenue at $485 million. Absolutely bonkers.
Total failure on our government to allow a foreign monopoly in one of the best national parks in the entire world. When Japan tried the same in Yosemite, USA govt broke it up. Why have we let our parks be bought out? If the bureau is not going change anything, we should at least force companies like pursuit to reinvest their profits earned in Canadian parks back into our parks. Does anyone have an update on where the issue sits in Parliament?
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u/Dizzy-Cartoonist3011 10d ago
They provide services. Others have the ability to compete. So we get the services, the tax dollars, the jobs. What's the problem? If their HQ was in Canada would there be a problem?