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U.S. President Donald Trump’s plans to cut taxes and regulations look more favourable to business than Canadian policies, according to Air Canada’s chief executive officer.

“This industry isn’t from a taxation perspective adequately competitive, we know the U.S. is about to become even more competitive,” Calin Rovinescu said.

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Canadian airlines will be hurt by plans to introduce a carbon tax and may suffer if the government’s intention of privatizing airports raises costs, he said. Airport rents and landing fees in the country already rank among the highest in the world, according to a 2016 study by the Montreal Economic Institute think tank.

Canada’s biggest airline has focused its growth plans on carrying international passengers through hubs such as Toronto and Vancouver, a strategy that relies partly on smooth traffic from the U.S. While Trump has said he wants to rework the North American Free Trade Agreement and limit travel from some countries, such changes won’t hurt Montreal-based Air Canada (TSX: AC), Rovinescu said in an interview Tuesday.