OTTAWA (Reuters) – The Canadian government has sold its roughly 6% stake in Air Canada in the past few days, the Globe and Mail reported on Thursday, citing a source. The government sold its Air Canada shares at an average selling price of about C$25 a share, the newspaper reported. Ottawa had bought Air Canada […]
Business
Canada government sells its Air Canada stake, Globe and Mail reports
Audio By Carbonatix
OTTAWA (Reuters) – The Canadian government has sold its roughly 6% stake in Air Canada in the past few days, the Globe and Mail reported on Thursday, citing a source.
The government sold its Air Canada shares at an average selling price of about C$25 a share, the newspaper reported. Ottawa had bought Air Canada shares for about C$23.18 apiece in April 2021.
(Reporting by Ismail Shakil in Ottawa)