Trudeau Government Eyeing Low-Interest Loans for Canada’s Devastated Airline Industry

November 6, 2020 Admin

TheGuardianPE/Reuters – Canada is finally close to an aid package for airlines that will likely offer low-interest loans to carriers versus taking outright stakes, three sources say, eight months after the COVID-19 pandemic decimated air travel.

“We’re running out of runway on this,” said a government source, citing concerns about the viability of both airlines and airports. 

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