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MONTREAL — Air Canada is withdrawing from further federal relief after borrowing more than $1 billion to pay back customers whose flights were cancelled
The federal government’s blockbuster financial aid plan for Air Canada amid the COVID-19 pandemic shares similarities — and stark differences — with its contribution to the bailout of two Detroit automakers during the global financial crisis more than a decade ago. Here’s a comparison of the two multibillion-dollar rescue deals: Pre-crisis standing Canada’s largest airline […]
(CP) The federal government's blockbuster financial aid plan for Air Canada amid the COVID-19 pandemic shares similarities - and stark differences - with
OTTAWA — After months of negotiations, Ottawa has reached a multibillion-dollar rescue deal with Air Canada that will give the government an equity stake in the pandemic-battered airline.Under the . . .