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Thread: Ottawa eyes Air Canada pension moratorium extension
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Old May 27, 2015 | 9:49 pm
  #75  
jerryhung
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Join Date: Mar 2007
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-$4.2B to +1.2B? that's $5.4B turnaround? am I reading it right? REALLY?
Doing better than CPP/OMERS/etc?

Will government/taxpayers get anything back from the "investments"? ha ha

Air Canada went from a $4.2 billion pension solvency deficit in 2012 that threatened the company’s future, raising concerns about another trip to bankruptcy court, to a $1.2 billion surplus as of this month.
That’s a huge jump from $89 million at Jan. 1, 2014, and $660 million as at Jan. 1, 2015.
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