You are connecting from Lake Geneva Public Library, please login or register to take advantage of your institution's Ground News Plan.
Published 6 hours ago • loading... • Updated 31 minutes ago
Kelowna International Airport Receiving $22.4M From Federal Government
The $22.4 million project will add water, sewer, electrical and communications lines to 165 acres and support future aerospace and logistics tenants.
Kelowna MP and Secretary of State for Defence Procurement Stephen Fuhr announced a $22.4 million federal investment in the YLW Economic Enabling Infrastructure Project on Monday to unlock 165 acres of industrial airport land.
The $58.8 million project will install water, sewer, electrical, and communications infrastructure to remove development barriers on the East Lands, with Phillip Elchitz, director of operations and innovation at YLW, confirming the city will fund the remaining $36.4 million through the Municipal Finance Authority.
Aviation companies are already "lining up" to establish operations in the newly unlocked lands, Fuhr noted, identifying De Havilland Aircraft, FireSwarm, and Wildcat Helicopters as firms seeking to expand their footprint.
Kelowna Mayor Tom Dyas told Black Press Media that Municipal Finance Authority financing will be repaid through airport fees with no impact on local taxation while creating skilled Canadian jobs in the Okanagan.
Major construction is scheduled to begin in spring 2027 with completion expected in 2028, as the initial phase will service around 90 acres at Canada's largest municipally owned airport.