Article Abstract:
A furor has erupted over Air Canada's disclosure of information to select brokerage analysts which led to the company's stock plunging 12% while most shareholders were in the dark. Canadian regulators are prepared prohibit companies from revealing financial information to a chosen few as the U.S. Securities and Exchange Commission has already done.
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Article Abstract:
Calgary, Alb.-based Westjet Airlines Ltd. and Montreal, Que.-based Air Canada have joined together to challenge Canada's competition laws. The airlines' leadership, Westjet's Clive Beddoe and Air Canada's Robert Milton, is critical of the regulations that limit dominance in the air carrier sector.
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Article Abstract:
Air Canada attacked Ottawa's proposals to make the country's competition regulations tighter, labeling them unfair and "selective regulation of one private sector company."
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