Carney says he’s open to selling infrastructure like airports to finance projects
Carney said the government may sell airports and some ports to help finance new infrastructure, including the $25 billion Canada Strong Fund.
- On Thursday, Prime Minister Mark Carney announced his government is open to selling public assets, including airports, to fund new infrastructure as part of a comprehensive approach.
- Transport Minister Steven MacKinnon revealed late last month the government is exploring airport sales to improve passenger experience and make travel more fluid and affordable for Canadians.
- Officials are evaluating whether proceeds from asset sales could finance the government's $25 billion Canada Strong Fund, announced before the spring economic update.
- A transport ministry discussion paper published last week suggests the government is also open to amalgamating "some key ports" while selling others to improve supply chain efficiency.
- Carney stated he does not view selling ports as a "top priority" but emphasized the government will be transparent about plans to "recycle" existing assets to fund projects.
21 Articles
21 Articles
Carney Says He’s Open to Selling Infrastructure Like Airports to Finance Projects
Prime Minister Mark Carney said on Thursday his government is open to selling public assets if the proceeds could help fund new infrastructure. The November federal budget and April spring economic statement both mentioned exploring new ownership options for the country’s federally owned airports. As first reported by the Toronto Star, a transport ministry discussion paper published last week on ports and trade suggests the government is also op…
Carney says he's open to selling infrastructure like airports to finance projects
OTTAWA - Prime Minister Mark Carney says his government is open to selling public assets if the proceeds could help fund new infrastructure.
Carney government signals it’s open to selling Canadian ports
Buried deep in the pages of a discussion paper released Friday is the announcement that the government is open to and seeking a report on the potential amalgamation of certain
Prime Minister Carney Pushes Asset Recycling for Economic Growth
Canada’s assets are up for sale. Prime Minister Mark Carney is evidently considering funding new infrastructure initiatives through the sale of certain assets, such as Canada’s ports and airports. Speaking at a press conference on Parliament Hill, Carney framed the move as a strategic effort to bolster economic expansion by redirecting capital from existing holdings […]
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