As debates heat up regarding the future of airport ownership in Canada, Deborah Flint, the Chief Executive Officer of Toronto Pearson International Airport, has staunchly defended the current public ownership framework. Flint argues that the existing model, where commercial airports are managed by not-for-profit authorities under federal ownership, has served the travelling public effectively. However, she remains open to integrating private sector investment for further enhancements.
Public Ownership Model Proving Effective
In a recent interview, Flint elaborated on the successes of the current model, which has been in place for over three decades and has overseen significant growth at Canada’s busiest airport. Since the model’s implementation, passenger traffic at Pearson has surged, with numbers nearly doubling from 24.7 million in 2003 to a staggering 47.3 million in 2025. Flint highlighted that in 2025 alone, an average of over 950 flights took off or landed at Pearson each day, connecting to more than 200 destinations—up from around 165 in 2012.
“The growth we’ve seen is remarkable,” Flint stated. “When we consider the progress made since this model began, it’s evident that it has its strengths.” She added that the current structure effectively mirrors a form of privatization, suggesting that any future changes could further refine this bespoke system to enhance efficiency and performance.
Government’s Economic Update Sparks Privatization Speculation
The discussion surrounding airport ownership has gained momentum following the federal government’s spring economic update, which hinted at potential privatization. According to the Canadian Airports Council, airports currently contribute approximately $525 million annually in rent to the federal government. The government’s assessment includes exploring alternative ownership models that could unlock the full economic value of these vital assets.

Prime Minister Mark Carney reinforced this perspective, stating, “We will evaluate options for the airports to better serve Canadians, ensuring that the capital tied up in these facilities can be redeployed for other ventures that will stimulate our economy.” Such comments have raised concerns within the airline industry, which worries that privatization could lead to increased operational costs, potentially passed on to passengers through higher fees.
Industry Response and Future Developments
The prospect of privatization has not gone unnoticed by industry stakeholders. Airlines have expressed reservations in the past, with some industry leaders, like former National Airlines Council of Canada CEO Massimo Bergamini, advocating for a clear rejection of privatization efforts. He insisted that such moves do not demonstrate tangible benefits for travellers, communities, or airlines operating in Canada.
Meanwhile, Pearson Airport is moving forward with ambitious plans to expand and upgrade its facilities. Flint announced the commencement of a multibillion-dollar revitalisation project aimed at increasing annual passenger capacity to 65 million by the early 2030s. This extensive plan includes enhancements to the airfield, improvements in lighting, and substantial upgrades to the airport’s 30-kilometre baggage handling system, among other initiatives.
“This investment is crucial,” Flint remarked. “It sets the stage for greater global trade and improved passenger experiences. The demand is present, and airports are central to our strategy for forging new trade partnerships.”
Why it Matters
The discussions surrounding the ownership of Pearson Airport are emblematic of broader debates about the role of public versus private investment in essential infrastructure. As Canada emerges from the travel disruptions brought on by the pandemic, the decisions made regarding airport management could have lasting implications for travellers and the economy alike. The balance between ensuring robust public service and inviting private investment will be pivotal in shaping the future of air travel in Canada, making it a topic that warrants close attention from all stakeholders involved.
