Canada’s Airports Go Private | Calgary News

Canada’s PM Mark Carney unveils a bold new plan to let private firms run the nation’s four biggest airports—Toronto, Montreal, Calgary, and Vancouver—while the government retains ownership of land and assets. The goal? Free up federal cash to boost smaller regional airports and cut travel costs. This marks a major departure from Canada’s current not-for-profit airport model, and experts warn it’ll need tough legislation with strict performance and pricing rules. While privatization is common globally—especially in Europe—and Canadian pension funds already invest abroad, critics fear higher fares and job losses, echoing past concerns from Australia. Opposition parties are rallying against it, while Conservative Leader Pierre Poilievre demands transparency to avoid insider deals. Though previous attempts fizzled in 2016, this time the government is determined to get the structure right—even if it takes months. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://www.cbc.ca/news/canada/mark-carney-privatizing-airports-explained-toronto-montreal-calgary-vancouver-9.7345485 More coverage & latest updates:https://sources.thednn.ai/d5964ccfde2847fc Report issues to [email protected].