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Canada's Airports: A $48 Billion Economic Footprint
A new economic impact study released by the Canadian Airports Council (CAC) shows that Canada's airports provide 194,000 direct jobs, $19 billion to the national GDP and $48 billion in direct economic activity. They also provide municipal, provincial and federal governments $6.9 billion in tax revenues each year.
"The economic contribution of Canada's airports reinforces the importance of our industry to the economy," said Daniel-Robert Gooch, president of the CAC. "Canada's airports are essential to Canada's transportation network and an important facilitator of economic development. The connectivity provided by Canada's airports helps to attract tourists, facilitates trade and investment, and contributes to the growth of the economy."
Impact
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Employment
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Wages
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GDP
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Output
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Direct
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194,000
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$13 Billion
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$19 Billion
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$48 Billion
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Indirect
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99,000
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$6 Billion
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$10 Billion
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$20 Billion
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Induced
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62,000
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$3 Billion
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$6 Billion
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$11 Billion
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Total
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355,000
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$22 Billion
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$35 Billion
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$79 Billion
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While Cana
da's airports significantly contribute to employment an
d economic developme
nt in the country, air passenger traffic has reached re
cord levels. The number of travellers grew from 66 million in 1988 to more than 140 million in 2016. Over the next 10 years, traffic is projected to increase by another 50 per cent or an additional 75 million passengers.
Hill Times News Story
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Canada's Airports on the Hill
More than two dozen airport executives ca
me to Ott
aw
a
to attend Canada's Airports on the Hill on April 17th to meet with parliamentarians to discuss top files of interest at their airports.
In the evening, a reception was
held for parliamentarians and senior departmental officials at the Chateau Laurier. About a dozen MPs attended, including MP
Lisa Raitt (Milton), former Transport Minister, and MP Judy Sgro (Humber River
-
Black C
reek) who chairs of the House Transport Committee.
Daniel-Robert Gooch, president of the CAC, delivered welcoming remarks and spoke about air passenger growth, the Canadian Airport Council's Economic Impact Study, the National Trade Corridors Fund (NTCF) and the Beyond Preclearance Coalition.
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Toronto Pearson and Metrolinx Will Study Transit Connections to Improve Passenger Flow
The Greater Toronto Airports Authority (GTAA) and Metrolinx have announced that they will be working together to study potential connections for the Kitchener rail corridor to Toronto Pearson's Regional Transit and Passenger Centre, in addition to other potential transit connections such as the Eglinton Crosstown West Light Rail Transit (LRT).
This will better integrate transit projects into Canada's busiest airport and will help connect the country's second largest employment zone and reduce highway congestion.
"Toronto Pearson is Canada's gateway to the world and a key driver of jobs, trade and tourism," said Howard Eng, president and chief executive officer of the GTAA. "The GTAA is committed to working with Metrolinx to improve transit. These studies will help to connect our region for the benefit of passengers, airport workers, local businesses and residents."
The partnership follows the Ontario government's recent announcement that it is moving ahead with an Environmental Assessment for next steps for a separation of freight and passenger lines in the Northwest Greater Toronto Area (GTA). The separation will allow for both frequent GO Train service as well as High Speed Rail between Waterloo Region and the GTA.
In 2017, the GTAA announced plans for a future transit and passenger centre at Toronto Pearson. There is an identified need to better connect the region and to serve the 49,000 workers who are based at Toronto Pearson and the 300,000 people who work in the airport employment zone, the second highest concentration of jobs in Canada.
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Fredericton International Airport Terminal Expansion Project Receives Government Funding
The Government of
Canada and
the province of New Brunswick are each contributing
$9 million to expand the Fredericton International Airport's terminal building by 50 per cent.
The current terminal exceeded the capacity it was designed to accommodate more than 10 years ago. The airport has shown consistent growth over the past eight years, with passenger traffic increasing more than 33 per cent in the past five years alone.
"This project is critical, and we are grateful that all levels of government recognize the importance of the airport to our region's economy," said Fredericton International Airport Authority President and CEO Johanne Gallant.
The funding for this project comes from the New Building Canada Fund, Provincial-Territorial Infrastructure Component - National and Regional Projects (PTIC-NRP). The Fredericton International Airport Authority is contributing the remainder of project costs.
The terminal expansion and renovation will enable the airport to continue to increase traffic and economic impact as well as generating an additional 572 full-time equivalent jobs during the construction phase.
As a not-for-profit organization, all revenues generated by the airport authority are reinvested into the airport. Through sound financial management, the airport authority is able to fund 40 per cent of the project. Regular operations at the airport generate 662 full time equivalent jobs, $38.8 million in GDP, and $25.8 million in labour income to New Brunswick annually.
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Government of Canada Invests in Safety Infrastructure at Saint John Airport
Transport Canada will be investing more than $10 million to ensure the Saint John Airport remains a key driver of economic activity in the region. The two runways, the public taxiway and aprons will be rehabilitated, and major cracks in the pavement will be repaired, and the drainage system will be fixed. Runways will be narrowed to comply with the latest airport design standards and to minimize annual routine maintenance and operating costs.
Also, Runway End Safety Areas (RESA) will be added to both runways to significantly enhance operational safety at the airport. The Safety Related Airfield Modernization Investment Project is a project of the Saint John Airport in partnership with the
Government of New Brunswick.
"Our government is investing in Canada's economy by making improvements to our trade and transportation corridors," said Minister of Transport Marc Garneau. "We are supporting projects that will efficiently move commercial goods to market and people to their destinations, stimulate economic growth, create quality middle-class jobs, and ensure that Canada's transportation networks remain competitive and efficient."
Global News Story
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Runway Rehabilitation Begins at the Charlottetown Airport
The Charlottetown Airport Authority has begun work on the rehabilitation of its main runway, which is the final piece of a three-year Runway Improvement Program that started in 2016.
The runway will be closed to traffic until Nove
mber and will only be
available for aircraft taxiing. All traffic will use the newly extended runway 10-28
. The airport authority does not anticipate any disruptions or delays to its flight schedule.
This is the largest infrastructure investment in the history of the airport. Major components of the work are grading and drainage improvements, storm water replacement, electrical replacement, and rehabilitation of the pavement structure.
"This project
is required to continue to offer a safe operation for our users. Having stretched the life cycle of the runway through an aggressive maintenance program, this asset is now at the end of its useful life," says Doug Newson, chief executive officer of the Charlottetown Airport Authority.
The typical service life of a new pavement is 20 years. This runway was last fully reconstructed in 1987. In 1999, the runway was rehabilitated by milling and paving.
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Canada's airports are collaborative world leaders in safe, high-quality, economically prosperous air transport. For more information on the economic impact of Canada's airports, visit cacairports.ca.
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Heavy Traffic Volumes Expected for Opening of Premium Outlet Mall at Edmonton International Airport
The Premium Outlet Collection Edmonton International Airport (EIA) will open for business on May 2nd.
Located on the west side of the Queen Elizabeth II highway, the mall will span about 428,000 square feet over one level, housing about 100 retailers.
The mall is expected to create up to 1,500 permanent jobs and attract further investment to the airport.
The airport is anticipating significant traffic with the opening of the mall. The airport worked with municipalities, the province and the mall owners, Ivanhoé Cambridge and Simon, to construct additional roadways, traffic lights and related infrastructure to improve traffic flow when the mall opens.
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Billy Bishop Airport Voted Among the Most Scenic Airport Landings in the World for Fourth Consecutive Year
Billy Bishop Toronto City Airport was voted as having one of the top ten Most Scenic Airport Landings in the world for the fourth consecutive year in a global poll by
Private Fly. Billy Bishop Airport ranked seventh and was the only Canadian airport to be recognized alongside airports located in some of the world's most scenic destinations, including Donegal Airport in the Ireland, Queenstown Airport in New Zealand and Nice Côte d'Azur International Airport in France.
"Billy Bishop Airport has come to be recognized as a world-class gateway to and from Toronto thanks to its unique passenger service that includes complimentary shuttle service, full-service lounges, shorter lines and proximity to downtown," said Geoffrey Wilson, chief executive officer of PortsToronto, owner and operator of Billy Bishop Toronto City Airport. "The unparalleled views of the city's skyline and vibrant harbour is an added perk that has become a favourite among many passengers, and we are thrilled to once again be recognized in Private Fly's World's Most Scenic Airport Landings poll."
Billy Bishop Airport welcomes 2.8 million passengers who travel through the airport each year with a stunning view of Toronto's skyline and harbour as they arrive and depart from the city.
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