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Transport committee I think it's possible for Air Canada to be in compliance even if Aveos has disappeared, and I think the judge has left that door open.
March 29th, 2012Committee meeting
Pierre Legault
Industry committee FIRA indeed was a more severe piece of legislation. For example, right now we have the net benefit test. At the time under FIRA, we had to have some substantial benefit, which meant that the bar was much higher. Also, pretty much all transactions were reviewed at the time. So if
February 17th, 2011Committee meeting
Pierre Legault
Industry committee The minister indeed has full discretion under the act to apply the factors in section 20 and normally the courts would not review that decision; however, the minister also has to follow the process that is described in the act, including the factors in section 20, the information
February 17th, 2011Committee meeting
Pierre Legault