With regard to the government’s $700 million loan to Air Transat announced in 2021: (a) what is the loan repayment schedule for the (i) principal owed, (ii) interest owed; (b) did the government exercise the right to purchase 13 million shares, and, if so, (i) on what date were they purchased, (ii) what was the cost per share; and (c) what have been the results of the annual job monitoring done on Air Transat for each year since the loan was issued, overall and for each job requirement that was a part of the condition of the government loan?
In the House of Commons on November 20th, 2024. See this statement in context.