Hamilton airport gets $23.5 million to build road, expand operations
Published January 23, 2023 at 12:28 pm
Canada’s minister of transportation, Omar Alghabra, announced the funding on Monday in Hamilton as Prime Minister Justin Trudeau hosts a cabinet retreat in the city.
“The John C. Munro Hamilton International Airport is an important trade hub for key economic sectors such as transportation, warehousing, agriculture, automotive, manufacturing and more,” said Alghabra. “This significant funding will help the airport manage the growth of cargo operations in this strategic trade corridor while providing opportunities for access to global markets and creating new permanent jobs.”
Today’s announcement at @flyyhm will allow the airport to handle increased cargo operations, improve the airfield, increase de-icing capacity and reduce congestion. These improvements will strengthen our supply chain, and create good jobs for Canadians.https://t.co/wCYxg5CeSy pic.twitter.com/F9GkbaEma8
— Omar Alghabra (@OmarAlghabra) January 23, 2023
The funding will cover half the cost of a $47 million project to expand airfield capacity, allowing the airport to handle increased cargo operations, increase de-icing capacity, and build a new independent road to reduce congestion.
The upgrades are expected to provide significant economic and employment benefits to the region.
“(The airport) is home to one of Canada’s largest cargo freighter distribution networks and is crucial to the supply chains and economic opportunities in Hamilton and the surrounding communities,” said Hamilton member of parliament Filomena Tassi during Monday’s announcement. “Today’s investment highlights our commitment to building reliable and efficient supply chains while creating jobs and positioning our economy for success.”
The federal investment is part of the National Trade Corridors Fund.
“Hamilton International Airport, Canada’s third largest cargo airport by payload, serves as a global gateway in a strategic transportation and trade corridor, and is an economic engine generating significant jobs, industry activity, and GDP,” said Cole Horncastle, Executive Managing Director, John C. Munro Hamilton International Airport.
“This support from the National Trade Corridors Fund will enable Hamilton International Airport to advance investment to expand and strengthen its airfield and critical assets, create new full-time jobs, generate additional economic activity, and ensure that existing infrastructure under pressure today will be ready to support current and emerging growth well into the future.”insauga's Editorial Standards and Policies advertising