Mr. Speaker, I understand that it is in the best interests of the travelling public to have two viable airlines in Canada. That is why this government put in place measures a couple of years ago to assist Canadian Airlines with its restructuring plan. That plan is working quite well. Canadian Airlines is now making money, as is Air Canada which incidentally made $427 million last year and is doing very well. It will do very much better as a result of these changes.
In the House of Commons on June 4th, 1998. See this statement in context.