FAQs
Air Canada Class A variable voting shares and Class B voting shares trade on the Toronto Stock Exchange(TSX) under a single ticker designated AC (also designated for purposes of trading on the TSX and reporting in brokerage accounts under the single designation of "Voting and Variable Voting Shares" of Air Canada). In the United States, Air Canada’s Class A variable voting shares and Class B voting shares also trade on the OTCQX under the symbol ACDVF.
Class A variable voting shares may only be held, beneficially owned or controlled, directly or indirectly, by persons who are not Canadians.
Class B voting shares may only be held, beneficially owned and controlled, directly or indirectly, by Canadians.
"Canadian" under section 55(1) of the Canadian Transportation Act means:
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(a) a Canadian citizen or a permanent resident (as defined in the Citizenship Act and the Immigration and Refugee Protection Act, a summary definition of each of which is provided below);
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(b) a government in Canada or an agent or mandatary of such a government; or
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(c) a corporation or entity that is incorporated or formed under the laws of Canada or a province, that is controlled in fact by Canadians and of which at least 51% of the voting interests are owned and controlled by Canadians and where:
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(i) no more than 25% of the voting interests are owned directly or indirectly by any single non-Canadian, either individually or in affiliation with another person; and
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(ii) no more than 25% of the voting interests are owned directly or indirectly by one or more non-Canadians authorized to provide an air service in any jurisdiction, either individually or in affiliation with another person.
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Each Class B voting share confers the right to one vote at all shareholder meetings.
You can purchase or sell Air Canada shares through a brokerage firm or a financial institution that provides brokerage services.
AST Trust Company (Canada)
2001 Robert-Bourassa Boulevard
Suite 1600
Montreal, Quebec H3A 2A6
Canada
Tel: 1.800.387.0825
Email: inquiries@astfinancial.com
Web: www.astfinancial.com/ca
Please visit the Financial Reports and Information tab or SEDAR to download copies of Air Canada’s financial documents.
To ensure Air Canada’s share records are up-to-date, please contact either your brokerage firm or our registrar and transfer agent, AST Trust Company (Canada), with any name or address changes.
Air Canada’s financial year ends on December 31.
PricewaterhouseCoopers LLP are Air Canada’s external auditors.