Toronto ( Rajeev Sharma): Prime Minister Mark Carney has confirmed that the federal government is exploring a large-scale “asset recycling” strategy that could involve selling or restructuring public assets such as airports and ports to raise capital for national infrastructure and economic growth priorities. The approach is being considered as a way to help finance a new infrastructure package reportedly valued at around $25 billion.
Under the proposed framework, the government would “recycle” capital currently tied up in federally owned assets and redirect it toward new nation-building projects. Officials say the concept is still in early development stages and no final decisions have been made.
As part of the review, the government is reportedly examining new ownership models for Canada’s major airports. Four to five large hubs are under consideration for potential privatization or partial divestment, including Toronto Pearson International Airport, Vancouver International Airport, Calgary International Airport, Montréal–Trudeau International Airport, and possibly Billy Bishop Toronto City Airport. In addition to airports, Transport Canada discussion materials have suggested possible restructuring of the national port system. Options under consideration include amalgamating certain seaports to improve supply-chain efficiency, as well as divesting or selling selected assets to attract private investment and enhance operational performance.
The government is also exploring opportunities for institutional and long-term private investment in transport infrastructure. Prime Minister Carney has indicated openness to discussions with global pension funds and large institutional investors interested in participating in Canada’s airports, ports, and logistics infrastructure.
Officials emphasize that the proposals remain at an exploratory stage, with consultations ongoing and no specific list of assets confirmed for sale or restructuring
