We asked these same questions of the unionized and independent public servants at the justice department. They confirmed as well that Aveos is not mentioned in the Air Canada Public Participation Act, nor is your union, and therefore the act, according to these unionized public servants, does not oblige Aveos to continue operations, or the government to bail out Aveos.
According to Air Canada, both equity and debt contributions to Aveos over the last five years have reached $975 million, just under a billion. It appears Aveos has burned through that billion dollars and said that even if Air Canada gave an additional $15 million to try to keep it alive, it could not do so.
Given that we've established that there's nothing in the act that would force Aveos to continue operating, and that there's nothing in the act requiring that your union represent the employees, that leaves one option if we were to want to continue Aveos's operations, and that would be a bailout.
How much money do you believe a bailout would cost the Canadian taxpayers to keep Aveos functioning?