Originally Posted by
tcook052
I expect rather than taking a direct ownership role in Canada the federal government will instead offer loans to the aviation sector as were extended to automakers in the 2008 financial crisis. I believe some sort of sector support in inevitable given the unprecedented situation.
Hopefully they loan out on more draconian terms than their dance with automakers. The auto industry recovered, but the government still collected only 75cents on the dollar many years later:
https://www.theglobeandmail.com/repo...ticle23828543/