The Island Airport is for Sale

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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Recommending Sandford Borins' excellent blog post on the lessons for us today from the Pickering Airport debate and analysis in the 1970s:

In 1972, it was clearly understood that air traffic in Toronto was increasing, and it would be accommodated at either Pearson or Pickering. Both were seen as having a regional economic impact, in that Pearson would contribute to growth on the west side of Toronto, while establishing an airport at Pickering would shift some growth to the east of the city. Overall economic activity in the GTA would be the same whether Pearson was expanded or a new airport built at Pickering. This is different from the Toronto Port Authority and Ford Government refusing to acknowledge that, if Billy Bishop is not expanded, traffic will be accommodated at Pearson, and overall economic activity will be the same.

Click here to read "We Were Much Smarter 50 Years Ago"

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