Open Jaw
Jim Byers
12 March 2025

Canadian airports say proposed, new federal government guidelines would allow them to extend their leases and get needed third-party investment to build better facilities for passengers.

The Canadian government on 07MAR issued a policy statement that outlines three avenues – subleases, subcontracts and subsidiaries – that would allow airport authorities to work with private investors and developers. The statement also indicates that the government intends to explore negotiations to extend airport authority leases to facilitate third party investment and development projects on airport lands.

The Canadian Airports Council (CAC) said it welcomes the new federal statement and said Canadian airports plan to invest $28 billion in the next decade to accommodate growing passenger demand and diversify trade markets, which will support both local and national growth.

Read on:  Canadian Airports to Invest $28B with New Funding Rules - Open Jaw

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