Canada not ruling out aid for struggling airlines: Leblanc

Minister LeBlanc says the government is not ruling out the possibility of taking a stake in Canadian airlines to help the struggling sector.

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27 comments

  1. Wow, those income tax increases and public service cuts and user fee hikes are going to be GIGANTIC in a few years. This spending spree against dramatically reduced revenue has to be paid for somehow . . .

  2. Can’t let them go Bankrupt, Liberal Cabinet ministers need o go on vacation with their families without any quarantine periods this winter.

  3. Give them money for what? = what have they been doing with the zillions they’ve made over the past 40-years?!

    1. The airline industry is actually a net loss industry. Meaning more money has been lost in the industry than had been made.

    2. @Lucas Bowman, BS! The airlines industry has been posting profits for years. Sadly others will believe you.

  4. Oooohhh someone hand me a hankie . Got a tear in my eye . They brought the virus into Canada and now airlines cry . How did they treat you last time you flew ? Up yours airlines.

    1. Sounds like someone been hiding under the bed too long. And last time I was treated awesome.
      Oh no someone brought the flu on the plane get a grip

    2. Don’t the execs and possibly the ‘volunteer’ board get larger than average wages? Bonuses? Please can’t live on a 100k salary/year? Without bonuses? Why are the governments bailing out large private corporate entities that turned profits? There’s small business disappearing.

  5. Audit the government. Audit all government positions let’s see how many are actually necessary. Audit their wages and golden retirement packages. If our children are paying for this I’d like to see some records NOW! Party is over you crooks.

  6. I bet the CEOs will get there bonuses in the bail out that will be first…They never manage the money in boom times so now they want a handout. The govermant does not bail out my buisness if I can’t manage it 🤷‍♂️🤷‍♂️🤷‍♂️

  7. The Trudeau regime goes from blunder to blunder to corruption and taxpayers are on the hook. Middle class tax rates need to average 70% to balance the current rate of spending and the Liberals want to spend even more. In the private sector the rules are (1) send only when necessary and (2) get the best possible value for money spent. The Liberals are spending the most money for the least results of any G20 economy.

  8. No free handout. Do like the investment bankers do but with a bit more favourable terms along with issuance of equity. Tax payers need to have part of the upside. First in line to debt if they announce insolvency or bankruptcy.

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