The government will also help the airport to maintain its operations. Credit: Pascal Meier / Unsplash.

The Government of Canada is providing around $13.5m (C$17m) in funding to Québec City Jean Lesage International Airport to help it recover from the pandemic and fuel growth.

Of the total amount, $9.9m (C$12.5m) will be provided under the National Trade Corridors Fund (NTCF), to be used for the development of an air cargo centre.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Covering an area of 5,600m², the facility will comprise a dedicated space for regional air carriers.

Canadian Transport Minister Omar Alghabra said: “By investing in the Jean Lesage International Airport, we’re helping Québec City grow and ensure its recovery.

“We’re also creating good jobs for the middle class and new economic opportunities for the people of Quebec. This is all part of our objective to build back better after the pandemic.”

The government will also provide a grant of more than $3.3m (C$4.2m) from Transport Canada’s Airport Relief Fund.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

This will be used to support the airport in maintaining its operations such as essential air services for residents and workers in Quebec City and nearby communities.

Québec City Jean Lesage International Airport president and CEO Stéphane Poirier said: “The vitality and attractiveness of a region depend in large part on the strength of its airport and we share with the Government of Canada the desire to see the greater Québec City region perform well in the context of economic recovery.

“The funding announced today allows us to take a giant step towards the realization of the cargo platform project. This is excellent news for our airport, of course, but also for our carriers and for companies in the industrial sectors of the Québec City region, the East and the North, which are particularly sensitive to delivery times.”

The $1.8bn (C$2.3bn) NTCF, announced in 2017, is aimed at helping fund infrastructure projects in Canada over 11 years. It has provided $200m (C$252m) for 12 projects in Quebec since 2017.

Launched in May, the Airport Relief Fund intends to offer $51.6m (C$64.8m) in 2021-2022 for airports, whose revenues were below $199.3m (C$250m) in 2019.