Feds commit to expansion project at Hamilton International Airport
The federal government is committing more than $23 million toward an expansion and sustainability project at the John C. Munro Hamilton International Airport.
This project, which will cost close to $47 million, will allow the Hamilton International Airport to handle increased cargo operations by improving and expanding airfield capacity, increase its de-icing capacity, and build a new independent road to reduce congestion.
"Hamilton International Airport, Canada's third largest cargo airport by payload, serves as a global gateway in a strategic transportation and trade corridor, and is an economic engine generating significant jobs, industry activity, and GDP,” said Executive Managing Director Cole Horncastle. “This support from the National Trade Corridors Fund will enable Hamilton International Airport to advance investment to expand and strengthen its airfield and critical assets, create new full-time jobs, generate additional economic activity, and ensure that existing infrastructure under pressure today will be ready to support current and emerging growth well into the future."
The government says the investment will help to reduce supply chain congestion and facilitate the movement of goods through the airport.
"The John C. Munro Hamilton International Airport is an important trade hub for key economic sectors such as transportation, warehousing, agriculture, automotive, manufacturing and more,” said Transport Minister Omar Alghabra. “This significant funding will help the airport manage the growth of cargo operations in this strategic trade corridor, while providing opportunities for access to global markets and creating new permanent jobs."
Funding for the project is being provided through the federal National Trade Corridors Fund. The program, which is worth $4.7 billion over 11 years, is designed to help infrastructure owners and users invest in the critical transportation assets that support economic activity in Canada.