Government Grant
(COVID-19) Airport Critical Infrastructure Program
With $ 489.6 million available over five years, the Program will help eligible airports mitigate the financial impact of the COVID-19 pandemic, as part of the Government of Canada's strategy to ensure that Canada's air transportation system provides Canadians with choice, connectivity and affordable air travel .
- 4.5/5.0
- Transport Canada
- All levels
- Last updated 1 month ago
- English
Description
With $ 489.6 million available over five years, the Program will help eligible airports mitigate the financial impact of the COVID-19 pandemic, as part of the Government of Canada's strategy to ensure that Canada's air transportation system provides Canadians with choice, connectivity and affordable air travel .
The Airport Critical Infrastructure Program (ACIP) is a contribution funding program to help Canada’s large airports make critical investments in safety, security or transit infrastructure. The ACIP will support continued investments by these airports during the COVID-19 pandemic and will support the recovery of their sector, without further worsening their financial challenges. This will provide several benefits, such as:
- Uninterrupted work on infrastructure projects to ensure continued safety and security; including compliance with safety standards and related regulatory requirements;
- Helping airports to lessen the financial impact of the COVID-19 pandemic;
- Helping airports to preserve their financial resources by funding projects to help avoid fee increases to passengers;
- Stimulating economic activity through the jobs those projects provide; and
- Enabling of airports to protect air travelers against the importation and transmission of COVID-19 and help regain Canadians’ confidence in the safety of air travel.