Mathieu Dion

Air Canada's CEO Michael Rousseau is stepping down following blowback from a video statement he gave — almost entirely in English — after an Express plane collided with a fire truck at LaGuardia airport on March 22. @Mathieu_Dion explains why the CEO's lack of a French apology led to this moment bloom.bg/410HjBn

Air Canada CEO Michael Rousseau announced he’s leaving after creating a public relations fiasco with an English-language video about the deadly runway collision at LaGuardia Airport in New York. Rousseau, 68, was paid C$13.1 million last year. bloomberg.com/news/articles/…

Board will consider a number of performance criteria in assessing candidates including the ability to communicate in French.

*AIR CANADA CEO MICHAEL ROUSSEAU TO RETIRE

Quebec Pension Fund Condemns Air Canada CEO's Video, Joining Carney "There is no doubt that the video should have been in both official languages," La Caisse said in an emailed statement to Bloomberg News. bloomberg.com/news/articles/…

Here's a chart of Quebec's 30-year bond yield minus Ontario's over the past year -- it is an indication of a higher risk premium for Quebec bonds due to multiple factors, including referendum talks:

La perspective d’un référendum sur l’indépendance du Québec fait déjà mal aux finances de la province, selon le ministre Eric Girard. «C'est un projet politique légitime, mais ce n'est pas un bon projet économique» dit-il en entrevue à #Zoneéconomie

Quebec’s Desjardins Group wants to expand further in the rest of Canada, its top executive said, an ambition that means it needs to make deals and add staff in wealth management and capital markets. bloomberg.com/news/articles/…

Nous avons écrit sur le sujet à quelques reprises : bloomberg.com/news/articles/… bloomberg.com/news/articles/… bloomberg.com/news/articles/…

L'écart de crédit des obligations 30 ans du Québec par rapport à l'Ontario a pris de l'ampleur dans les dernières semaines, notamment et non exclusivement en raison de la possibilité d'un référendum.

Canada Greenlights All Gulfstream Jets After Trump Threats

Several Canadian provinces pulled US wine and spirits from stores after President Donald Trump started a trade war, costing American booze-makers millions of dollars in sales, with almost three-quarters of Canadians still supporting the initiative. bloomberg.com/news/articles/…

British startup Awendio Solaris is drafting plans to invest as much as C$1 billion into a solar technologies factory in Canada, though it still needs to secure power supply and financing. bloomberg.com/news/articles/…

Full story: bloomberg.com/news/articles/…

(Bloomberg) -- Laurentian Bank reached a deal to sell its itself to Fairstone Bank for C$1.9 billion, part of a strategy to refocus the Canadian bank on its commercial-lending operations. National Bank of Canada will acquire all retail and small-business assets and liabilities.

La Caisse will be meeting with @PKP_Qc and his team “so that they can take us through the details of their plan,” it said in an emailed statement. Péladeau is pushing for partial control of the board of vacation provider Transat AT Inc. bloomberg.com/news/articles/…

Our new Canada Daily newsletter will bring you the latest on business, the economy and politics from our five bureaus across the country. 🇨🇦 Subscribe now so you don't miss our first edition: bloom.bg/4rjeFqQ

The price for aluminum delivered to the US hit a record high on Monday as inventories dwindle due to US tariffs.