11:27:23 EDT Thu 08 Oct 2026
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Transat AT Inc
Symbol TRZ
Shares Issued 41,201,435
Close 2026-10-07 C$ 2.00
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Globe says Air Canada told feds to make YVR private

2026-10-08 06:53 ET - In the News

See In the News (C-AC) Air Canada

The Globe and Mail reports in its Thursday edition that Vancouver Airport is poised to become the first of the country's large airports privatized by the federal government as Ottawa offers B.C. indigenous groups an opportunity to be minority investors. A triple-bylined item led by Andrew Willis says three weeks after Prime Minister Mark Carney announced plans to open up four of the country's biggest airports to private investment, the bankers and lawyers advising Ottawa have decided Vancouver's airport, YVR, should be the first facility where a long-term lease on its ground operations is sold to outside investors. YVR earned first spot in line because the government and its advisers expect to land first nations investment. Mr. Carney's privatization plan has raised concerns about the potential for increased prices for travellers and higher fees for airlines. The feds will retain ownership of the underlying land and assets, a structure that is common in Europe and Australia. Indigenous investors are expected to take a minority stake of up to 20 per cent in YVR, with majority control sold to institutional investors experienced in operating these complex facilities. The airport is on the Musqueam's unceded territory.

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