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Canada to seek private investment in major airports, says Carney
Carney says long-term concessions would bring new capital and expertise while keeping federal ownership and sending revenue to smaller airports and local infrastructure.
- On Tuesday, Prime Minister Mark Carney announced plans to seek private investors to operate Canada's four largest airports: Toronto Pearson, Montreal, Calgary, and Vancouver.
- The announcement occurred during the Canada Investment Summit in Toronto, where Carney aims to secure $1 trillion in investments across 167 projects over the next five years.
- Carney told investors Canada is a "safe harbour" for investment on a chaotic global stage, while stating the government will retain ownership of land and assets.
- Transport Minister Steven MacKinnon briefed Liberal MPs on Monday about the plan, as airport lease fees currently worth $525 million annually become central to the strategy.
- By shifting federal dollars to smaller regional airports, Carney argues the initiative will make remote air travel more affordable while leveraging private capital under government asset ownership.
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Le Journal de MontrealReposted by 
Le Journal de Quebec
Le Journal de QuebecThe Caisse welcomes with great interest Mark Carney's willingness to privatize the country's four largest airports, including Montreal.
·Montreal, Canada
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thealbertan.com+3 Reposted by 3 other sources
Carney says Canada is 'ahead on incentives' in race with U.S. to attract investment
TORONTO — Prime Minister Mark Carney says that while Canada is "ahead on incentives" in the race with the United States for investment, it still has a lot of ground to make up.
The Hamilton SpectatorReposted by 
The Record
The RecordCarney government will allow private investments in Canadian airports
Ottawa will allow private investments in four major airports in a move to "unlock" billions of dollars for infrastructure spending, Prime Minister Mark Carney announced Tuesday.
·Hamilton, Canada
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The federal government will privatize Montréal-Trudeau International Airport and the other three largest airports in the country.
·Montreal, Canada
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Total News Sources57
Leaning Left23Leaning Right4Center13Last UpdatedBias Distribution58% Left
Bias Distribution
- 58% of the sources lean Left
58% Left
L 58%
C 32%
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