Federal Transport Minister Marc Garneau told airport executives last week that a study of airport privatization across the country is being shelved.
That provides a lot of clarity for airports around the country including the Regina Airport.
Regina Airport Authority President and CEO James Bogusz said this means the airport’s business doesn’t change when it comes to the amount of rent being paid to the federal government by them and other authorities around the country.
“In the current arrangement, the terms of how much we pay the government to lease the airport annually are set,” he said.
“We’re, of course, working with the federal government to talk about opportunities to reduce somewhat. Not because it’s going to go into the CEO’s pocketbook, but because it’s going to get reinvested back into the airport.”
Moving forward, Bogusz is hopeful the amount of rent paid to the federal government will not be increased. He’s also hopeful it will be decreased some time so current fees and levies can be dropped as well.