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Canada to announce multibillion-dollar relief package for Air Canada - Globe and Mail

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April 12 (Reuters) - Canada's government is set to announce a multibillion-dollar relief package for Air Canada and parts of the airlines industry on Monday evening, The Globe and Mail reported https://www.theglobeandmail.com/politics/article-ottawa-to-announce-multibillion-dollar-relief-package-for-air-canada on Monday.

The rescue package is expected to be a mix of low-cost loans and wage subsidies, and to come with restrictions related to executive compensation, the report added. (Reporting by Munsif Vengattil in Bengaluru; Editing by Ramakrishnan M.)