PBO Estimates Federal Government Will Net $177 Million From Air Canada Deal

The Air Canada logo is seen on a hangar at Vancouver International Airport, in Richmond, B.C., on March 20, 2020. The Canadian Press/Darryl Dyck

OTTAWA—The Parliamentary Budget Officer says the federal government could make about $177 million over ten years from a support deal it reached with Air Canada.

The PBO estimate is based on Air Canada using only part of the $5.9-billion aid package that the airline agreed to with the government in April.