Canada closely monitoring slumping airline industryChristian Fernsby ▼ | May 29, 2020
Canada is closely monitoring the slumping airline industry and extended a ban on large cruise ships to Oct. 31 to help prevent the spread of the coronavirus, Transport Minister Marc Garneau said on Friday.
Minister Marc Garneau
Due to Canada’s size and geography, “We expect and need an airline industry in this country,” he said.
Before considering any sector-specific aid, the government is waiting to see if the industry takes advantage of its emergency loan program for large companies, Garneau added. ■