Rosbif,
The only reason gemini was allowed in here is because Air Canada made an application. The only reason the application was authorized is because there is currently no Canadian company that can do international long-haul cargo. Air Canada lost that capacity when the 747 combi's were retired.
Air Canada will run there own cargo - but they need the time to convert and certify their new freighters (I've heard that 767's will indeed be converted)
What Transport should do is make it easier to certify a large cargo aircraft in this country. Service air and ACE are the only ones chasing this market right now.............and what taking them so long is aircraft availability and certification.