Theft from Taxpayers. That’s where it comes from.
To be clear.
I guess that’s ok with some people. Some others try the “create value” route. Not Air Canada though, that much is clear.
When I renew my mortgage and look for options with the smith maneuver, there will be so many Canadian rent seeking preferred shares to invest in. If they’re going to tax the money away from me, might as well try to leverage oligopolies to pay back something useful? :rofl:
I'd like to know what the appropriate amount of subsidy per job is for each industry sector. Diary, airline and Auto workers are clearly very valuable.
If you have 1000 workers making 80k/yr and paying $16k/yr in income tax, then subsidizing those jobs is surely worth a few hundred millions, right?
Because a "just transition" wouldn't apply to these critical sectors. Gotta maintain the historical status quo for things east of Winnipeg.
Plus. French and stuff.
Wait, WJ won't issue refunds and WJ did issues refunds? I'm confuzzed.
It's less confusing if you just get the info from the direct source. Westjet opened up refunds a good while back.
https://www.westjet.com/en-ca/prepare/covid/refunds
.
Another $100 million for Transat. Sweet.
- - - Updated - - -
Attachment 107777
Airlines. Ever a fantastic use of taxpayer dollars