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Winnipeg Free Press By: The Canadian Press Last Modified: 11:15 AM CST Friday, Feb. 12, 2021 Save to Read Later MONTREAL - The federal government has approved Air Canada s $190-million purchase of Transat A.T., with some conditions that include maintaining Transat s head office in Quebec, launching new destinations within five years and implementing a price monitoring mechanism. MONTREAL - The federal government has approved Air Canada s $190-million purchase of Transat A.T., with some conditions that include maintaining Transat s head office in Quebec, launching new destinations within five years and implementing a price monitoring mechanism. Here are some key events: April 30, 2019: Transat shares gain more than 40 per cent after the tour and travel operator announces it is in preliminary talks to sell the company.

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