Transport Canada launches public consultation on future of Billy Bishop Toronto City Airport
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Background ✨
Ontario's Building Billy Bishop Airport Act 2026 enabled the province to replace the City of Toronto in the airport's tripartite agreement and take ownership of city-owned airport lands in exchange for fair compensation, aiming to support modernisation/expansion, ease pressure at Toronto Pearson and boost competition and jobs.1 2 PortsToronto CEO RJ Steenstra estimated up to CAD5 billion investment over 25 years, warning capacity constraints could raise fares and reduce connectivity.3