FORT LAUDERDALE, Fla.—Florida Gov. Ron DeSantis asked the Biden administration on Saturday to declare Broward County a disaster area due to flooding earlier this month after record rainfall. If granted, the declaration would make Broward residents who incurred damage to their homes and other property eligible for a wide range of loans and other assistance….
Finance Minister Chrystia Freeland Says Feds Will Voice Concerns to Air Canada Over Executive Bonuses
OTTAWA—Finance Minister Chrystia Freeland says the government will voice its concerns about Air Canada doling out millions in bonuses to its executives as the company was negotiating a federal bailout. Freeland says she is disappointed there are some businesses that seem not to be behaving as responsible corporate citizens while receiving taxpayer−funded federal aid to…
After Failed Takeover, Air Transat Seeks Help as Debt Crunch Looms
OTTAWA/MONTREAL—Struggling tour operator Air Transat is in talks with the federal government on aid but may not reach a deal by an April debt deadline, a source close to the situation said, putting pressure on Quebec to ride to the rescue of another troubled aerospace brand in the province. Air Canada dropped its merger plans…
Orange County’s Neediest Cities Will Receive More than $100 Million in Federal Funds
Santa Ana and Anaheim—two of Orange County’s most underprivileged cities—will each receive more than $100 million in federal funding to revive their depressed economies. The money is part of a $1.9 trillion stimulus bill signed into law by the federal government last week. About $143 million will be allocated to Santa Ana in what Mayor Vicente…
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