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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: vds4 who wrote (4374)	10/23/2001 5:35:42 PM
From: Al Collard	Read Replies (1) \| Respond to of 11802

Martin, interesting news out on your pick AC-t. Looks good if you ask me. Should do wonders for the share price. :) Air Canada Supports Proposed Legislation to Remove 15 per cent Limit on Individual Share Ownership MONTREAL, Oct. 23 /CNW/ - Air Canada provides the following comment in response to Minister Collenette's announcement today that the federal government will introduce legislation to remove the 15 per cent limit on individual ownership of shares in Air Canada: Air Canada is pleased with the Minister's announcement, confirming the airline's previous request to remove ownership restrictions, as it will facilitate access to the equity and capital markets. We view this as a positive development as the Corporation continues to implement measures to strengthen its financial and operating performance in the post September 11 environment. In the same context, Air Canada supports an increase in foreign ownership restriction from 25 per cent to 49 per cent.