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Ontario to Take Control of Toronto's Stake in City Airport Lands: Ford

Ontario plans to expand Billy Bishop runway for jets and take control of Toronto's airport stake, aiming to boost competition and waterfront development, Premier Ford said.

  • On Tuesday, Ontario Premier Doug Ford announced the province will assume the City of Toronto's stake in Billy Bishop Toronto City Airport to clear the runway for some jets and ease pressure on Pearson International Airport.
  • Ford says the policy stems from his Feb. 26 Toronto Region Board of Trade remarks and argues Toronto needs two airports to compete globally while advancing waterfront development plans.
  • Under existing rules, the airport is governed by a tripartite agreement among the Toronto Port Authority, City of Toronto and Government of Canada, with only turboprop planes allowed and runway extension plans calling for 150 metres on each end.
  • The government promised to compensate Toronto for land value and lost revenue, about $5 million a year, while Chow said, 'There needs to be discussion so that the use of waterfront is balanced.'
  • Noise concerns persist as Transport Canada’s July 2027 deadline and Billy Bishop’s 2.8 million passengers a year shape discussions with Toronto Port Authority executives.
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Ontario to take control of Toronto's stake in city airport lands: Ford

The province will take control of Toronto’s stake in the island airport, Ontario Premier Doug Ford said Tuesday.

·Canada
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SooToday.com broke the news in Sault Ste. Marie, Canada on Tuesday, March 10, 2026.
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