News & Articles - infrastructure

  • CIB Invests in Montreal Metro Airport

      The Canada Infrastructure Bank (CIB) is investing $90 million in the new domestic passenger terminal at MET – Montreal Metropolitan Airport (YHU), formerly known as the Saint-Hubert Airport. The terminal development project is a partnership between Macquarie Asset Management and Porter Aviation Holdings Inc. Located 15 kilometres from Montreal, the Montreal Metropolitan Airport project includes construction of a new standalone 21,300 m2 two-storey domestic terminal with nine gates, associated taxiways, and landside facilities such as parking lots with barrier-free parking spaces, EV charging stations, and shuttle…

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  • Thompson

    $52M Loan For Thompson Airport Project

      A $52-million loan from the Canada Infrastructure Bank (CIB) will push the redevelopment of the Thompson Regional Airport forward. The $135-million project will include a new airport terminal building, a new water treatment facility and upgraded transportation and water infrastructure. The airport is a hub providing essential passenger and cargo services to communities in northern Manitoba and western Nunavut. The airport serves as a regional catchment area for 37 northern communities which includes many First Nations – 15 of…

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  • tourism projects

    B.C. Invests $21M for Tourism Projects

      More than 50 new tourism projects throughout B.C. are receiving a total of $21.3 million. The funding aims to strengthen tourism growth and develop emerging tourism opportunities, stimulating the recovery of B.C.’s post-pandemic visitor economy. The Richmond Olympic Oval and the Shipyards in North Vancouver were among the projects to receive funding. Both destinations will receive $1 million. “The Richmond Olympic Oval is an enduring legacy venue of the 2010 Winter Olympic Games for Richmond and the country,” said Richmond…

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  • Kelowna

    Kelowna Airport Receives $18M Funding

      The federal government has announced more than $18 million in funding to help the Kelowna International Airport recover from the effects of the COVID-19 pandemic, and to support continued air services and important transportation infrastructure projects at the airport. To help ensure safe airport operations for aircraft, passengers and crew, the airport will receive more than $15.2 million from Transport Canada’s Airport Critical Infrastructure Program to support: the expansion of the airport’s combined operations building; the replacement of sections of the terminal building roof; upgrades…

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