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2026-09-15 21:44:09
[Canada Plans to Transfer Airport Operations to Reduce Dependence on the US] ⑴ Canadian Prime Minister Mark Carney said on Tuesday that the government is prepared to reach an agreement to transfer the operation of the country's four major airports to institutional investors. ⑵ Carney said the funds raised will be used to help build critical infrastructure needed by the country, such as new trade corridors. ⑶ He is trying to steer the Canadian economy in a direction that reduces dependence on the protectionist United States. ⑷ Last March, Canada announced it would open its doors to private sector investment in airports. ⑸ Currently, existing airport regulations largely prevent private investment in the country's terminals. ⑹ Carney announced the news at an investment summit hosted in Toronto, saying that the Canada Pension Plan has successfully invested in many airports around the world. ⑺ He said it is time to bring this expertise back home so that it can benefit all Canadians more directly. ⑻ This move reflects Canada's efforts to attract long-term institutional funding to participate in domestic infrastructure development in order to diversify its external dependence risks.
