{"id":642882,"date":"2026-05-02T11:07:08","date_gmt":"2026-05-02T11:07:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/642882\/"},"modified":"2026-05-02T11:07:08","modified_gmt":"2026-05-02T11:07:08","slug":"federal-money-could-help-finance-billy-bishop-airport-expansion-toronto-port-authority-head-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/642882\/","title":{"rendered":"Federal money could help finance Billy Bishop airport expansion, Toronto Port Authority head says"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/KJSZEGFEXFDT5FRU775O6KOBDA.JPG?auth=5afd49797e72bbd5c5cdfc2d5d2107fa5e75c86bc93ff8862dc8c53b8e8622c8&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">Roelof-Jan (RJ) Steenstra, the Toronto Port Authority\u2019s president and CEO, says the airport is self-financing.Fred Lum\/The Globe and Mail<\/p>\n<p class=\"c-article-body__text text-pr-5\">Federal money could be part of the financing for expansion plans at Billy Bishop airport, the head of the Toronto Port Authority says. <\/p>\n<p class=\"c-article-body__text text-pr-5\">But no cheques have been signed, and many questions remain about how much the project would cost \u2013 and whether Ottawa will endorse the plan to lengthen the runway on the Toronto Islands and allow jets in the face of opposition from the city.<\/p>\n<p class=\"c-article-body__text text-pr-5\">In a recent interview with The Globe and Mail, Roelof-Jan (RJ) Steenstra, the port authority\u2019s president and chief executive officer, said the airport, which his arm\u2019s-length federal agency oversees, is self-financing: It raises money to operate and to pay for any improvements via fees it charges to airlines and passengers, as most airports do.<\/p>\n<p class=\"c-article-body__text text-pr-5\">But he also said that federal cash would be welcome as the port authority seeks to <a href=\"https:\/\/www.theglobeandmail.com\/topics\/doug-ford\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/doug-ford\/\">build up to 900 metres of artificial peninsulas<\/a> that would jut out into Lake Ontario, mostly to the west of the site, to accommodate the longer runway required for jet aircraft.<\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/canada\/article-ontario-doug-ford-billy-bishop-airport-toronto-islands-bill\/\" rel=\"nofollow noopener\" target=\"_blank\">Ontario could seize most of Toronto Islands under proposed legislation, but province says it won\u2019t<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cIt will be like a clubhouse sandwich. There will be multiple layers of investment that are going to be required,\u201d Mr. Steenstra said. \u201cIt could be private; it could be some public funds. It will depend on what programs are available. The federal government is very interested in investing in national programs.\u201d<\/p>\n<p class=\"c-article-body__text text-pr-5\">Provincial cash has not been discussed, he said. However, Ontario Premier <a href=\"https:\/\/www.theglobeandmail.com\/topics\/doug-ford\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/doug-ford\/\">Doug Ford<\/a> has already sought to use his powers to override objections to the expansion from Toronto Mayor Olivia Chow and expropriate the municipality\u2019s airport lands. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Opponents warn that jets and more frequent flights will spoil waterfront parks and the city\u2019s harbour. But Mr. Ford, who has also said he will declare the waterfront airport a <a href=\"https:\/\/www.theglobeandmail.com\/canada\/article-ontario-ford-billy-bishop-airport-special-economic-zone\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/canada\/article-ontario-ford-billy-bishop-airport-special-economic-zone\/\">\u201cspecial economic zone\u201d<\/a> where provincial or municipal laws could be ignored, insists expansion will provide competition for the larger Pearson International Airport and create jobs.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The federal government has yet to publicly declare its support for the project, although Prime Minister Mark Carney has called it an \u201cinteresting vision.\u201d <\/p>\n<p class=\"c-article-body__text text-pr-5\">On Friday, Marie-Justine Torres, a spokeswoman for federal Transport Minister Steven MacKinnon, sent an e-mailed statement that did not directly address a series of questions from The Globe. The queries included whether Ottawa supports the expansion, whether it is considering funding it and whether it approves of Mr. Ford\u2019s expropriation move, which is meant to end the City of Toronto\u2019s control of the airport\u2019s future. <\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/canada\/article-doug-fords-obsession-to-expand-downtown-toronto-airport-would-be\/\" rel=\"nofollow noopener\" target=\"_blank\">Opinion: Doug Ford\u2019s obsession to expand downtown Toronto airport would be economic vandalism<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">The statement from Ms. Torres says decisions on the airport require a consensus of the signatories of the 1983 tripartite agreement that governs the facility: the city, the Toronto Port Authority and the federal government. But the statement does not address what happens if Ontario supplants the city as one of the deal\u2019s signatories.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Both Mr. Ford and Mr. Steenstra have asserted that Ottawa, which must approve any lifting of the current ban on commercial jets at Billy Bishop, was on board with the concept. <\/p>\n<p class=\"c-article-body__text text-pr-5\">But several Toronto Liberal MPs have issued cautious statements in recent weeks, pledging that Torontonians would be consulted.<\/p>\n<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/PJFPTBDBFBCFFDN7UF7SJNAFD4.JPG?auth=366cebfd8b94d797533619a47a71a4162f3eaa4e460fc0f358346ab86b7d2f51&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">Recreational airplanes are parked at Billy Bishop Airport in Toronto in March.Cole Burston\/The Globe and Mail<\/p>\n<p class=\"c-article-body__text text-pr-5\">On Friday, Ontario NDP Leader Marit Stiles released an open letter to Mr. Carney, demanding that he quash what she calls \u201ca callous land grab\u201d that threatens the parks and beaches of Toronto Islands, which attract thousands of Torontonians every summer. <\/p>\n<p class=\"c-article-body__text text-pr-5\">She notes that Mr. Ford\u2019s expropriation bill gives his government the discretion to seize almost all of the Toronto Islands, not just areas close to the airport. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Speaking to reporters at a waterfront park, she said failing to block the expansion would be \u201cdisastrous\u201d for Mr. Carney and his Toronto-area MPs.<\/p>\n<p class=\"c-article-body__text text-pr-5\">It also remains unclear just how much the proposed airport expansion would cost. The port authority says its plans won\u2019t be ready for months. <\/p>\n<p class=\"c-article-body__text text-pr-5\">But a 2015 report by the consultancy Oliver Wyman, produced for Air Canada, concluded that the expansion price tag at Billy Bishop could be as much as $1-billion.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Accommodating jet planes that are larger than the current turboprops at Billy Bishop, and doubling the facility\u2019s approximately two million annual passengers, would require more than just a longer runway, the report said. <\/p>\n<p class=\"c-article-body__text text-pr-5\">It would mean new terminal buildings, relocating hangars, and even potentially rebuilding the entire runway further south. The decade-old report also said no other airport with Billy Bishop\u2019s passenger volume had undertaken such a massive project. <\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/opinion\/editorials\/article-the-worst-and-best-and-worst-of-doug-ford\/\" rel=\"nofollow noopener\" target=\"_blank\">The Editorial Board: The worst and best and worst of Doug Ford<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">An expansion of the landmass is already in the works at Billy Bishop, which must add 150-metre safety buffer zones at each end of its runway by next summer to comply with Transport Canada rules.<\/p>\n<p class=\"c-article-body__text text-pr-5\">But that cost was estimated in 2024 at just $64-million and is being financed by a combination of debt and airport improvement fees charged to passengers. The city agreed to extend the facility\u2019s lease for 12 years, from 2033 to 2045, to make the financing possible. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Both Porter Airlines and Air Canada currently fly smaller turboprops from Billy Bishop, and would stand to gain if jets are allowed, as they could handle more passengers and offer more distant destinations. The port authority has said only smaller single-aisle jets that carry around 130 to 150 passengers are under consideration.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The airport\u2019s terminal is owned by Nieuport Aviation, which since 2019 has been controlled by U.S.-based J.P. Morgan Asset Management. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Nieuport bought Billy Bishop\u2019s terminal from Porter in 2015 for more than $700-million. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Lobbyists for Nieuport have been making the case for the airport\u2019s expansion at the federal, provincial and municipal levels.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: Roelof-Jan (RJ) Steenstra, the Toronto Port Authority\u2019s president and CEO, says the airport&hellip;\n","protected":false},"author":2,"featured_media":633754,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194291],"tags":[901,888,902,879,877,903,49,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,889,890,884,904,885,909,910,912,907,911,905,908,882,898,899,714,897,906,865,61,3302,900,892,886,883,913],"class_list":["post-642882","post","type-post","status-publish","format-standard","has-post-thumbnail","category-toronto","tag-alberta","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-ca","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-toronto","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/642882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=642882"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/642882\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/633754"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=642882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=642882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=642882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}