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Transport minister won’t guarantee prices won’t go up after airport privatization, promises fees will be ‘partially regulated’

The plan would keep federal ownership of the land and assets while allowing fares and fees to be partially regulated, Carney said.

Summary
Transport Minister Steven MacKinnon won’t guarantee the cost to fly won’t go up for travellers if the federal government follows through on its plan to privatize Canada’s four largest airports but does promise an improved experience and partial regulation. On Tuesday, Prime Minister Mark Carney announced the federal government is seeking private investment to run Canada’s four major airports: Toronto-Pearson, Montreal-Trudeau, Calgary and Vancouver.

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CTV News broke the news in Toronto, Canada on Sunday, September 20, 2026.
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