Tuesday, September 23rd14.2°C
23284
22754

Toronto Port Authority says it's seeking up to $100 million in federal funding

TORONTO - The Toronto Port Authority is seeking up to $100 million in federal funding for infrastructure improvements at the Billy Bishop Toronto City Airport.

The port authority says it has presented a preliminary estimate for improvements related to airport access and related vehicle traffic to the federal Building Canada Fund, on behalf of the City of Toronto.

The TPA is a self-funding federal agency but its chairman, Mark McQueen, says its financial resources will be strained by the cost of a proposed runway extension and normal spending requirement.

The runway extension is part of a controversial proposal from Porter Airlines, which wants to begin using Bombardier CSeries jets at airport on Toronto's waterfront.

The port authority says it has been asked by city staff to attend a public meeting on Monday as part of a series of public consultations on Porter's request.

The Canadian Press


Read more Business News

21337


Recent Trending




Today's Market
S&P TSX15129.00-136.35
S&P CDNX928.09-26.97
DJIA17172.68-107.06
Nasdaq4527.689-52.10
S&P 5001994.29-16.11
CDN Dollar0.9102+0.0045
Gold1226.50+8.60
Oil91.50-0.91
Lumber332.20+5.60
Natural Gas3.945+0.037

 
Okanagan Companies
Pacific Safety0.17+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.27-0.10
Cantex0.04-0.01
Anavex Life Sciences0.2195-0.0035
Metalex Ventures0.05-0.01
Russel Metals35.37-0.38
Copper Mountain Mining2.40-0.26
Colorado Resources0.16-0.005
ReliaBrand Inc0.0206-0.0043
Sunrise Resources Ltd0.02-0.005
Mission Ready Services0.27-0.02

 



22908

FEATURED Property
1761161959 Regal Road
5 bedrooms 6 baths
$1,495,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Is this a fair offer from ICBC?

“Is this a fair offer from ICBC?”…. “How much should I settle for?”… “What is my claim worth?” These are just some of the questions I regularly get as...


Disruptive innovation

Last night I was privileged to be able to speak at the Greater Westside Board of Trade business awards dinner. Photo: ContributedI talked about Innovation and Collaboration which are two very interes...


Executors and their duties

There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...

_








Member of BC Press Council


22814