Hamilton airport sale to private investors would set precedent
City motion would see "windfall" to pay for city's ageing infrastructure.
A motion by a city councilor would see the sale of the John C. Munro Hamilton International Airport to private investors, a first for a facility of that size. According to a report in the Hamilton Spectator by reporter Mark McNeil, the airport is the 15th largest in Canada, seeing about 500,000 visitors per year.
All airports were once controlled by Transport Canada but, in 1994, the control of ones with less than 200,000 visitors per year were transferred to the municipalities in which they were located. However, in Hamilton's case, usage grew, peaking at one-million in 2002, putting it on the "larger airport" list, the rest of which in Canada are controlled by the feds.
Links and sources
Hamilton Spectator story
Posted: January 18, 2010
Voices of privatization
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