Canadian Finance Minister Jim Flaherty last week appointed a mediator to try to resolve the pension funding dispute between Air Canada and its unions. AC President and CEO Calin Rovinescu has said the carrier needs urgent relief from its C$2.9 billion ($2.6 billion) pension funding solvency deficit, but the airline's unions have rejected management's request for a funding "moratorium" (ATWOnline, May 11). Flaherty turned to James Farley, the former Ontario Superior Court judge who oversaw ...

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