Toronto airports authority to pour billions into Pearson

CBC News
Rosa Saba
12 April 2024

Airport expecting about 65 million passengers annually by early 2030s

Toronto's airports authority has announced a multibillion-dollar plan to update and modernize Toronto Pearson International Airport.

The Greater Toronto Airports Authority (GTAA) said it launched the first phase of procurement Friday for Pearson LIFT, a plan intended to help the airport meet growing demand for its services.

LIFT, which stands for Long-term Investment in Facilities and Terminals, will begin with a program focused on "the fundamentals," said Flint.

The program will see the modernization of existing airport assets, including high-speed taxi lanes, a modernized airfield electric lighting and control system and interim terminal facilities, according to the press release. The plan also includes investments in power generation to help the airport achieve net-zero targets.

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