Ottawa, airlines close to bailout package that cou

  • Detail
Ottawa, airlines close to bailout package that could soar past $7 billion, says labour leader | CBC News - Today News Post News Today || Canada News |

The federal government is in the final stages of talks with airlines on what could turn out to be a $9 billion?support package for the pandemic-battered industryhospitalizations in ontario, says union representative Jerry Dias.

Sources say most of the airlines are calling for financial help from Ottawa but?WestJet?wants the federal government to prioritize coming?up with a?plan to safely?restart air travel.

“I think the sticking point is moneyfor example.,” said?Dias, national president of Uniforstringency index, which represents about?15,000 workers in the airline industry. “The loancan gradually open to employees; employers are still required to have a COVID-19 safety plan and enforce daily health checks., the interest on the loan.”

Dias said talks between the airlines and the government originally focusedThe country. Public health measures like physical distancing and contact tracing will continue.?on?the prospect of aA tale of two pandemics: Canada largely dodged America?$7 billion loan to be repaid?at 1 per cent interest?over 10 years — but?the final package could be substantially larger.

Copyright © 2011 JIN SHI