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this post was submitted on 12 Aug 2023
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Hear me out. Instead of bailing Air Canada out every 15 years, we should be buying into the company. They frequently do share buy backs, they should be buying shared back from us. Why are my tax dollars helping a company that does business unsustainably.
I'm not sure of the exact conditions of the AC bailouts, but most bailouts are loans with very strict conditions which may often lead to a net positive result for taxpayers.
So, its very possible that we're already getting positive returns from these bailouts.