The report recommends the government return the rent it collects from airport user-pay fees to re-invest in upgrading terminals and runways
Canada’s airports rely on passenger fees to operate and pay rent to the government – a model that failed in the pandemic when air travel collapsed.
“We need help for a limited amount of time to get back to where we were,” Ms. Pasher said from Ottawa. Most of Canada’s larger airports are owned by the government and operated by non-profit companies that pay rent to Ottawa. There are 26 government-owned airports in the national system, 21 of which pay rent.
Guy Nicholson, a spokesman for the Greater Toronto Airports Authority, which operates Toronto Pearson Airport, said the committee’s recommendations and government support would reduce the need for fee increases and allow Canada’s largest travel hub to pay off its debt more quickly. “Their balance sheets are a mess,” said Mr. Gradek, who testified before the committee. “Somehow they have to repay the interest or repay the debt.”
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Overhaul of passenger protections to include rail travel is 'worthy area of focus,' says NDP transport criticOverhaul of passenger protections to include rail travel is 'worthy area of focus,' says NDP transport critic, by cnockaert_j cdnpoli A winter storm in December, resulting in extensive delays and cancellations of train service. (subs)
Read more »
Quebec government supports high-speed rail service over high frequency - Montreal | Globalnews.caQuebec's transport minister supports high-speed trains over high-frequency trains as originally proposed by the federal government.
Read more »
Rollover crash shuts down Highway 19 northbound near CourtenayA driver involved in a rollover crash on Highway 19 escaped with minor injuries after his transport truck likely struck a median.
Read more »
Meet Stelfie, A Mysterious Time Traveler Who Captured 28 Hilarious Selfies With Historical FiguresStelfie is one lucky guy who has built a time machine to transport himself to different periods in history and snap selfies with some of the most iconic people or scenes from different centuries.
Read more »
Probe begins after pedestrian killed by truck in New Westminster, B.C.NEW WESTMINSTER, B.C. — Police in New Westminster, B.C., confirm a pedestrian has been hit and killed by a transport truck. A statement from police says it happened just after noon on Sunday.
Read more »
Probe begins after pedestrian killed by truck in New Westminster, B.C.NEW WESTMINSTER, B.C. — Police in New Westminster, B.C., confirm a pedestrian has been hit and killed by a transport truck. A statement from police says it happened just after noon on Sunday.
Read more »