The investment will also help the airport to build a new independent road to reduce congestion. Credit: EelamStyleZ / commons.wikimedia.org.

Canada’s John C. Munro Hamilton International Airport has been allocated approximately C$23.5m ($17.5m) from the federal government to support expansion and sustainability projects.

The capital will be provided under the National Trade Corridors Fund for the project, which will entail an investment of nearly C$47m ($35.1m).

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

This project will enable Hamilton International Airport to expand its airfield capacity to manage increased cargo operations, as well as boost its de-icing capacity.

It will also help the airport build a new independent road to reduce congestion.

Canada Minister of Transport Omar Alghabra said: “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.

See Also:

“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.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The move is also expected to bring in ‘significant’ benefits for the region in terms of employment and economy.

It will help lower congestion in the supply chain, and ease the movement of goods.

John C. Munro Hamilton International Airport executive managing director Cole Horncastle said: “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.

“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.”