The Government of Canada launches two funding programmes to improve airport infrastructure. Credit: Rainer Prang / Pixabay.

The Government of Canada has launched two new funding programmes for the improvement of airport infrastructure in the country as it recovers from the Covid-19 pandemic.

Over the past 15 months, Canadian airports have been experiencing major decreases in traffic.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

With the launch of the new Airport Critical Infrastructure Program (ACIP) and Airport Relief Fund (ARF), the government intends to help the airport industry to recover from the Covid-19 pandemic.

The new programmes were launched by the Canada Minister of Transport Omar Alghabra.

Under ACIP, the Government of Canada will offer $405m (C$490m) over five years to assist Canada’s larger airports with investments in critical infrastructure that is related to safety, security or connectivity.

The funding offered under this programme can be used for runway repairs and rehabilitation, airfield lighting enhancements, investments in terminal buildings and transit stations to ensure connectivity to mass transit systems.

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.

Through ARF, the government will provide nearly $53m (C$65m) in financial relief to targeted airports in the country to help maintain operations.

Alghabra said: “Canada’s airports are major contributors to our country’s economy and play a key role in sustaining the social and economic well-being of our communities, and our local airport workers.

“These programmes will help ensure that, as Canada works towards recovery and travel restart post-pandemic, our airports remain viable and continue to provide Canadians with safe, reliable and efficient travel options while creating and maintaining good-paying jobs in the airport sector.”

In addition to these two schemes, the Minister said that Transport Canada’s Airports Capital Assistance Program (ACAP) will receive a funding top-up of $153m (C$186m) over two years.

ACAP offers financial assistance to Canada’s local and regional airports to improve safety-related infrastructure projects and for equipment purchases.