Article Date 29/10/2020

Business Council urges Ottawa to give distressed industries direct aid

Source Financial Post

Airlines, hotels, restaurants and tourism operators have been devastated by the pandemic

The head of the Business Council of Canada, which represents some of the country's largest businesses, sent a letter to Prime Minister Justin Trudeau on Wednesday urging his government to provide direct aid to distressed sectors including airlines, while establishing a clear "fiscal anchor" to impose discipline on budgetary decisions and help maintain credibility with credit-rating agencies.

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