Carney Unveils Plan to Privatize Major Canadian Airports

Canada's Prime Minister Mark Carney has outlined plans to privatize the operations of four major airports, located in Vancouver, Calgary, Toronto, and Montreal. The federal government will maintain ownership of the land and airport assets, but bring in private investment to unlock their value.

The plan aims to raise tens of billions of dollars in capital, which will be reinvested into infrastructure projects across Canada. This move is part of the government's effort to boost the domestic economy and reduce dependence on trade with the United States.

BC Premier David Eby has expressed support for the initiative, citing the potential benefits for regional airports. However, concerns have been raised about the impact on air travel costs and environmental pollution.