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Carney pushes airport privatization
The gist
Carney announced private capital for Toronto Pearson, Montréal-Trudeau, Calgary and Vancouver airports, keeping federal land ownership.
The plan splits Ontario's premier from unionized airport workers.
How it unfolded
- Sep 14, 2026Carney holds off tabling airport privatization as opposition grows; the Canada Investment Summit opens in Toronto Monday with airport privatization not formally on the agenda.
- Sep 15, 2026At the Canada Investment Summit, Carney announces the federal government is seeking private capital and expertise for Toronto Pearson, Montréal-Trudeau, Calgary and Vancouver airports, while maintaining federal ownership of the underlying land and assets.
- Sep 15, 2026Carney says the government is not looking to privatize airports but to change their operational structure, would reinvest money raised into regional airports, and says investments would come through long-term concessions.