{"id":898238,"date":"2026-09-16T19:02:11","date_gmt":"2026-09-16T19:02:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/898238\/"},"modified":"2026-09-16T19:02:11","modified_gmt":"2026-09-16T19:02:11","slug":"ford-supports-carneys-plan-for-private-investors-torontos-pearson-airport","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/898238\/","title":{"rendered":"Ford supports Carney&#8217;s plan for private investors Toronto&#8217;s Pearson airport"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.cbc.ca\/a\/assets\/texttospeech.svg\" alt=\"Text to Speech Icon\" width=\"44\" height=\"44\"\/><\/p>\n<p>Listen to this article<\/p>\n<p>Estimated 3 minutes<\/p>\n<p>The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.<\/p>\n<p>Ontario Premier Doug Ford is fully on board with the prime minister&#8217;s plan to see private investors take over operations at Canada&#8217;s four largest airports, including Toronto Pearson, he said Wednesday.<\/p>\n<p>Ford said not only is the idea &#8220;fabulous,&#8221; but it should be expanded to include Toronto&#8217;s island airport.<\/p>\n<p>&#8220;I have to give credit where credit&#8217;s due,&#8221; he said at an unrelated press conference.<\/p>\n<p>The premier has been<a href=\"https:\/\/www.cbc.ca\/news\/canada\/toronto\/ford-ontario-little-norway-park-billy-bishop-airport-expansion-9.7187067\" rel=\"nofollow noopener\" target=\"_blank\"> pushing for the Billy Bishop Toronto City Airport to be expanded<\/a> so it can accommodate jets, continuing his push even after the<a href=\"https:\/\/www.cbc.ca\/news\/canada\/toronto\/billy-bishop-airport-federal-government-9.7283568\" rel=\"nofollow noopener\" target=\"_blank\"> federal government rejected the plan.<\/a><\/p>\n<p>Prime Minister Mark Carney, however, has left the door slightly ajar, saying last month that while the results of a consultation that garnered mostly negative responses were clear, he was not nixing the expansion forever.<\/p>\n<p>The island airport is an ideal project for privatization, as it is &#8220;shovel ready&#8221; and would greatly benefit the economy, Ford said Wednesday.<\/p>\n<p>&#8220;Times have changed now,&#8221; he said.<\/p>\n<p>&#8220;It&#8217;s not about the government funding everything. We have billions and billions, hundreds of billions, actually over a trillion of pension fund money &#8230; We&#8217;re encouraging all of Ontario and Canadian pension funds to invest, invest into our airports, invest into our nuclear, and invest into the (electricity) distribution.&#8221;<\/p>\n<p>WATCH | Carney pitched plan to privatize Pearson and 3 other Canadian airports:<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789585331_389_default.jpg\"  alt=\"\" class=\"thumbnail\" loading=\"lazy\"\/><\/p>\n<p class=\"video-item-title\">Airport private investment makes sense now &#8216;in different times,&#8217; Carney says<\/p>\n<p>Asked why the Liberal government is choosing to allow private investment in four of Canada&#8217;s largest airports now when prior governments rejected the plan, Prime Minister Mark Carney said his government is building the country in a more dangerous, divided and &#8216;hostile&#8217; environment.<\/p>\n<p>Carney announced Tuesday that under his airport pitch, the federal government would retain ownership of the land and assets.<\/p>\n<p>He said the government is not looking to privatize airports but rather to change their operational structure, and it would reinvest money that&#8217;s raised into regional airports<\/p>\n<p>Opposition party leaders call out Ford&#8217;s support<\/p>\n<p>Provincial opposition party leaders are not quite so fond of Carney&#8217;s plan or Ford&#8217;s support to privatize airports. <\/p>\n<p>Ford focused on his own pitch for Billy Bishop Airport and didn&#8217;t have a word about the potential impacts on travellers or airport workers, said Ontario NDP Leader Marit Stiles on social media platform X. <\/p>\n<p>&#8220;Just another run at one of the last public spaces every family in this city can afford. Toronto said no. He&#8217;s trying again anyway,&#8221; she said. <\/p>\n<p>The province needs investments that help everyday people, rather than &#8220;line the pockets of the rich,&#8221; said Ontario Greens Leader Mike Schreiner in a news release. <\/p>\n<p>&#8220;Premier Ford should be looking for opportunities that will create good, generational jobs in Ontario \u2014 not looking for new ways to sell off our public infrastructure,&#8221; Schreiner said. <\/p>\n<p>He called on the government &#8220;to get its priorities straight,&#8221; adding that privatized airports will make air travel even more expensive.<\/p>\n","protected":false},"excerpt":{"rendered":"Listen to this article Estimated 3 minutes The audio version of this article is generated by AI-based technology.&hellip;\n","protected":false},"author":2,"featured_media":898239,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-898238","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/898238","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=898238"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/898238\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/898239"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=898238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=898238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=898238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}