No decision made on sell-off of Canadas airports: Finance Minister

No decision made on sell-off of Canadas airports: Finance Minister

OTTAWA—Ottawa has made no decisions on the sell-off of Canada’s big airports and the government continues to weigh its options, Finance Minister Bill Morneau says.The federal Liberals have been looking at the potential sale of major airports, now run by not-for-profit airport authorities, to reap a windfall that could be directed to other spending priorities.While the Liberals prepare to deliver their second budget on Wednesday, Morneau told the Star that the issue remains under consideration.“When we think about assets the government owns, I think we need to make sure that they are contributing to our opportunities for growth. We haven’t come to any conclusions on airports,” Morneau said in an interview last week.“I will continue to look at any asset the government has to make sure it’s helping us to grow the economy as best as possible. In the case of airports, we’ll look towards ensuring that we have a positive passenger experience and a good airport system,” he said.Article Continued BelowBoth the Conservatives and New Democrats pressed the government on the issue in question period Monday, but Prime Minister Justin Trudeau was noncommittal about what the upcoming budget might say about airport privatization.“I am wondering if the prime minister could show Canadians exactly where in the Liberal election platform this was ever mentioned. Since he has no mandate to do so, will the prime minister guarantee that he will not privatize Canadian airports?” NDP Leader Thomas Mulcair said.One study by the Vancouver Airport Authority estimated that the federal government could raise between $8.7 billion and $40.1 billion by selling off the country’s eight largest airports, including Toronto’s Pearson International.

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