Canada government sells its Air Canada stake, Globe and Mail reports

OTTAWA (Reuters) – The Canadian government has sold its roughly 6% stake in Air Canada (TSX:AC) in the past few days, the Globe and Mail reported on Thursday, citing a source.

The government sold its Air Canada shares at an average selling price of about C$25 a share, the newspaper reported. Ottawa had bought Air Canada shares for about C$23.18 apiece in April 2021.