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Ottawa has sold its stake in Air Canada: sources

Two senior federal government sources have confirmed to CTV News that the federal government has sold its stake in Air Canada. During the COVID-19 pandemic in 2021, the government purchased a six per cent stake in the airline for $500 million as part of a bailout package.

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Firefighters work at a home devastated by the Franklin Fire in Malibu, Calif., Wednesday, Dec. 11, 2024. (AP Photo/Jae C. Hong)
The Doric columns of the floodlit, 5th Century BC Parthenon Temple on the Acropolis appear behind strings of Christmas street lights, in Athens, Greece, Monday, Dec. 9, 2024. (AP Photo/Thanassis Stavrakis)
U.S. President-elect Donald Trump has picked a number of long-time aides and staunch loyalists for roles in his second administration.

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