Caisse was mystery buyer of airline stock

Article Abstract:

Caisse de depot et placement du Quebec seems positioning itself as a major player in Canada's airline merger battle. The powerful money manager said it bought on Sep 10, 1999, 909,450 common shares of Air Canada at C$10.89 apiece. The acquisition could be part of a two-day trading frenzy in which the caisse could have boosted its stake in the airline to 5.6% for as much as C$80 million. Air Canada is the target of a hostile takeover bid by Onex Corp.

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Canada Life set to announce vote on demutualization

Article Abstract:

Canada Life Assurance Co has secured final approval from the Office of the Superintendent of Financial Institutions for its demutualization program. The Toronto-based insurer is preparing to announce to policy holders the voting date and plan details in Jul 1999. The firm's demutualization covers 369,000 policy holders who will vote on the plan and share in the expected proceeds, which is determined by a factor of company surplus.

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Pilots aim to meet vote deadline

Article Abstract:

The mainline pilots' union of Air Canada is committed to voting on a proposed labor contract with the carrier. The union will vote on June 30, 2003 notwithstanding the results of a meeting with federal officials.

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