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Thread: Get ready for the bailout - Air Transat merger with Air Canada cancelled

  1. #301
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    Quote Originally Posted by Maxx Mazda View Post
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    As long as I’m making money, I don’t care where it comes from.
    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.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  2. #302
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    Quote Originally Posted by killramos View Post
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    Yes. Wealth transfer of Canadian taxpayers to rent seeking Air Canada shareholders.

    As long as everyone is fully understanding what’s going on here.
    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?
    sig deleted by moderator, because they are useless

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    Quote Originally Posted by finboy View Post
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    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?
    The problem with Air Canada is they are just that useless that they still manage to lose money despite all the free taxpayer dollars.

    So I’d advise against that strategy.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

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    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.

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    Quote Originally Posted by ExtraSlow View Post
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    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.
    What is the current $/bbl?
    sig deleted by moderator, because they are useless

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    Quote Originally Posted by ExtraSlow View Post
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    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.
    $0

    Except the subsidy should be negative for those you listed.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  7. #307
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    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.

  8. #308
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    Plus. French and stuff.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  9. #309
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    Quote Originally Posted by Maxx Mazda View Post
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    Huge PR win for AC today.

    Used the government money to pay back non-refundable tickets, which they had no responsibility to do, so they end up looking like the good guy, since WJ still won’t issue refunds. Looks good for AC, with no out of pocket expense, and they are no longer accessing the federal funding.

    Taxpayers funding their own refunds! What a country we live in.

    https://globalnews.ca/news/8386386/a...gram-covid-19/
    Meanwhile, westjet already did refunds with their own money(customers money).
    Last edited by Misterman; 11-19-2021 at 08:35 PM.

  10. #310
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    Wait, WJ won't issue refunds and WJ did issues refunds? I'm confuzzed.

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    Quote Originally Posted by ExtraSlow View Post
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    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

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    Quote Originally Posted by Maxx Mazda View Post
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    As long as I’m making money, I don’t care where it comes from.
    I assume based on this comment your avatar is an actual pic of you.

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    Quote Originally Posted by cjblair View Post
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    I assume based on this comment your avatar is an actual pic of you.
    That's an old one. From back in my meth days. Clean and sober almost 3 weeks now!

    Quote Originally Posted by killramos View Post
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    The problem with Air Canada is they are just that useless that they still manage to lose money despite all the free taxpayer dollars.

    So I’d advise against that strategy.
    Buy low, sell high!
    Last edited by Maxx Mazda; 11-20-2021 at 08:20 AM.
    ...

  14. #314
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    .
    Last edited by Maxx Mazda; 11-20-2021 at 08:22 AM.
    ...

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    Quote Originally Posted by ExtraSlow View Post
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    Another $100 million for Transat. Sweet.

    - - - Updated - - -

    Screenshot_20220729-202344.jpg

  16. #316
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    Airlines. Ever a fantastic use of taxpayer dollars
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  17. #317
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    Quote Originally Posted by ExtraSlow View Post
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    Another $100 million for Transat. Sweet.

    - - - Updated - - -

    Screenshot_20220729-202344.jpg
    Alberta should fly at a discount.
    We know where the money came from.

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