The federal Crown corporation is contributing a $1-billion loan to the 10-year plan, which will see new parking areas, a new jetty and a terminal extension at the Montréal-Trudeau International Airport. The airport will turn to the bond market for the remaining sum, Aéroports de Montréal CEO Yves Beauchamp told reporters.
(The Logic, Bloomberg)
The federal Crown corporation is contributing a $1-billion loan to the 10-year plan, which will see new parking areas, a new jetty and a terminal extension at the Montréal-Trudeau International Airport. The airport will turn to the bond market for the remaining sum, Aéroports de Montréal CEO Yves Beauchamp told reporters.
(The Logic, Bloomberg)
Talking point: The airport, which saw 22.4 million passengers in 2024, is expected to see traffic increase to as much as 35 million by 2035. The project will increase the airport’s operational capacity, with a $3.7-billion GDP impact, according to the Canada Infrastructure Bank. Getting in and out of the airport over the next decade won’t be a joy, though. The plans include a complete reconfiguration of the road network leading to the existing terminals, and the demolition of a multi-level parking garage.
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