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Multibillion-dollar renovation project underway at Pearson airport. This is what’s being upgraded.

The first phase includes airfield, baggage and terminal upgrades as Pearson aims to handle 65 million travelers a year by the early 2030s.

  • On Monday, Toronto Pearson International Airport launched a $3 billion infrastructure project, the first phase of its Long term Investment in Facilities and Terminals initiative to modernize baggage systems and expand airfield capacity.
  • Airport CEO Deborah Flint aims to boost annual capacity to 65 million travelers by the early 2030s, up from 47.3 million in 2025, with renovations expected to create about 16,000 new jobs.
  • The project includes $142 million in federal infrastructure funding and will introduce "smarter" technology for airfield lighting and electric vehicle charging, Transportation Minister Prabmeet Sarkaria said.
  • McGill University faculty lecturer John Gradek warned travelers will be "living in a construction zone for years," adding that passengers may face increased airport improvement fees.
  • These upgrades coincide with federal government discussions on commercial airport privatization, with Prime Minister Mark Carney suggesting last week that Ottawa is reviewing the current ownership model.
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Winnipeg Free PressWinnipeg Free Press
+4 Reposted by 4 other sources
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Pearson airport kicks off multibillion-dollar upgrade in bid to boost traffic

Toronto’s Pearson airport is launching a multibillion-dollar upgrade that aims to boost passenger numbers by more than a third to 65 million a year by the early 2030s.

·Winnipeg, Canada
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Winnipeg Free Press broke the news in Winnipeg, Canada on Monday, May 11, 2026.
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