The Island Airport is for sale.
Today's news seems to confirm the Airport isn't financially feasible. The Tripartite Agreement, the lease agreement governing the airport, expires in 2033. Should it be renewed? Any buyer wanting to run an airport on the Island will demand such an extension. But are there better uses of the 215 acre site? It's time for a public consultation on the future of the Airport. Our thoughts.
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Don’t miss Ken Greenberg’s opinion piece in the Toronto Star, July 8, 2026; if the Federal government delays quashing the BBTCA jets proposal, the resulting uncertainty will hurt the multi-billion Toronto Waterfront revitalization project because key investments won’t happen.
