Billy Bishop Airport expansion could cost $4-billion to $5-billion, port authority CEO says
The proposed expansion of Billy Bishop Airport could cost between $4 billion and $5 billion over the next 25 years. The expansion aims to increase passenger capacity to 10 million annually, significantly higher than current levels. Critics express concerns about the potential impact on traffic and the waterfront environment.
- ▪The Toronto Port Authority's CEO revealed the estimated cost of the airport expansion at a legislative committee meeting.
- ▪The expansion plan includes extending the main runway into Lake Ontario to accommodate commercial jets.
- ▪The Ontario government is considering legislation to strip the City of Toronto of its stake in the airport to facilitate the expansion.
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Open this photo in gallery:The Ontario government, citing Toronto Port Authority plans, has said the Billy Bishop Airport expansion aims to carry 10 million annual passengers, or more than five times the current level.Fred Lum/The Globe and MailShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountExpanding Billy Bishop Airport’s main runway on Toronto’s waterfront by nearly a kilometre into Lake Ontario to allow for commercial jets and millions more annual passengers could cost a total of $4-billion to $5-billion over the next 25 years, the head of the federal agency that oversees the facility says.Roelof-Jan (RJ) Steenstra, the Toronto Port Authority’s president and chief executive officer, revealed the price tag – many times higher than those floated for…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
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