OTTAWA—The federal Liberal government is looking at selling Canadian airports off to private owners saying it wants to streamline operations and passenger services, attract more business investment to Canada, and even direct possible proceeds into a national sovereign wealth fund.
The morning after the spring economic update hinted at the government’s plans, Transport Minister Steven MacKinnon downplayed the prospect of any swift moves to privatize.
He told reporters Wednesday “we’re in the early stages of a process with airport authorities and other partners to determine the best way forward.”
The great sell off begins.
