Web Notifications

SaltWire.com would like to send you notifications for breaking news alerts.

Activate notifications?

NEWSLETTERS | PODCASTS | VIDEO | E-EDITIONS
CUSTOMER SERVICE
Prince Edward Island > Business > Perspectives on Business

Ottawa taking a stake in airlines is better than seeing the industry collapse

Larysa Harapyn | Posted: Oct. 20, 2020, 12:45 p.m. | Updated: Oct. 20, 2020, 5:39 p.m. | 1 Min Read
A plane is silhouetted as it takes off from Vancouver International Airport in Richmond, B.C.
A plane is silhouetted as it takes off from Vancouver International Airport in Richmond, B.C.

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS

Olive Tapenade & Vinho Verde | SaltWire

Watch on YouTube: "Olive Tapenade & Vinho Verde | SaltWire"

Robert Kokonis, president and managing director of AirTrav, Inc, speaks with the Financial Post’s Larysa Harapyn about the travel industry’s ongoing troubles as the world heads into a second wave of COVID-19.

Copyright Postmedia Network Inc., 2020

Share story:

Read More

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

More Perspectives on Business Stories

Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland on Parliament Hill in Ottawa on March 28, 2023.
1. 
Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland on Parliament Hill in Ottawa on March 28, 2023.
2. 
Subscribe to The Money Lady wherever you enjoy podcasts.
3. 
"Our lagging productivity and stalled GDP growth mean Canadians are becoming collectively poorer and working harder to just remain where they are today," Perrin Beatty, chief executive of the Canadian Chamber of Commerce, said following the release of budget 2024.
4. 
Higher gas prices are expected to have bumped up inflation in March.
5. 
STORY: Oil prices fell on Monday. Markets dialed back risk premiums following Iran's weekend attack on Israel. One analyst told Reuters that the limited scale of the assault raised hopes that it wouldn't spark major escalation. International benchmark Brent crude fell over 1% to under $90 a barrel by mid morning in Europe. Benchmark U.S. oil futures saw similar declines. Iran's action
6. 
The Canadian dollar could sink as low as 70 US cents this year if the Bank of Canada cuts interest rates more than the Fed, say economists.
7. 
Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland and Prime Minister Justin Trudeau walk together before delivering the fall economic statement in Ottawa, Canada, November 21, 2023.
8. 
ADVERTISEMENT