Prime Minister Mark Carney has announced his government’s plan to open up Canada’s four largest airports to private investment.
Ottawa plans to seek private capital and expertise to operate Toronto Pearson, Montreal, Calgary, and Vancouver airports while retaining ownership of the underlying land and assets, Carney said during his Sept. 15 keynote address at the Canada Investment Summit in Toronto.
“Following best practice in other countries, the government of Canada will retain ownership of the underlying land and assets, but we will unlock their true value by bringing in new capital and expertise to their operations and their growth,” Carney told investors….