Federal Government Postpones Study of Airport Privatization

Originally published: April 21, 2018

The federal government is shelving its in-depth study of airport privatization after nearly two years of examining the multibillion-dollar potential of selling off the key federal assets.

During a private meeting with airport executives in Ottawa this week, Transport Minister Marc Garneau confirmed that the Liberal government is not moving ahead with privatization at this time.

The assurance provided some welcome certainty for Canada’s airports, said Marc Laroche, president and chief executive of the Ottawa Macdonald-Cartier International Airport Authority.

“It was like a cloud hanging over the airport model and this brings clarity,” he said in an interview Friday. “It’s the first time that the minister has stated it so forcefully. We kind of felt that the discussions had diminished quite a bit, but the minister confirmed that it’s not under active consideration by the government. I was glad.”

Read the rest at The Globe and Mail.