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Air Canada Drops as Rescue Plan Sees Government Take Equity

Air Canada Drops as Rescue Plan Sees Government Take Equity Bloomberg 2 hrs ago Sandrine Rastello and Kait Bolongaro (Bloomberg) -- Air Canada shares fell after the company reached a deal with the federal government for loans and equity worth nearly C$5.9 billion ($4.7 billion), making the state a shareholder of the countryโ€™s largest airline for the first time since the 1980s. Popular Searches Air Canada declined 2.6% to C$26.29 as of 12:39 p.m. in Toronto. Earlier it droppe...
Chrystia Freeland Robert Kokonis Justin Trudeau Kevin Chiang Cole Burston Bloomberg Michael Rousseau
Source: msn.com

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