Struggling airports implore Trudeau to help hardest-hit sectors
Canada’s airports are asking PM Justin Trudeau to step up relief efforts for industries hardest hit by the pandemic, as the governing Liberal Party prepares to roll out a recovery package for the nation’s economy. The Canadian Airports Council will issue a request Friday for the government to extend rent relief to airports beyond this year, and to provide long-term interest free loans and other funding to help the sector stave off a historic revenue loss. Daniel-Robert Gooch, president of the Ottawa-based advocacy group, said he’s hoping the government will provide enough help to cover a “big chunk” of the almost C$3b airports will need to borrow through the end of next year to cover expenses and keep workers employed. “We’ve been talking to anybody in government who would listen, going on seven months,” Gooch said. “Our sector has not seen anything like this. Hopefully we never see anything like it again.” Trudeau has been reluctant to make any moves that could be seen as bailing out specific companies or industries, even in troubled sectors like air travel. Instead, the government has launched a series of less-targeted lending and subsidy programs for business. If some key decisions aren’t made in the next couple of months, “we start to look at really difficult decisions,” Gooch said, adding those range from fare increases to the potential closure of smaller airports, he said. The council represents more than 100 airports across the country, including global hubs like Pearson in Toronto, Montreal’s Pierre Elliott Trudeau airport, and Vancouver International. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-09-07/general/struggling-airports-implore-trudeau-to-help-hardest-hit-sectors
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Struggling airports implore Trudeau to help hardest-hit sectors
Canada’s airports are asking PM Justin Trudeau to step up relief efforts for industries hardest hit by the pandemic, as the governing Liberal Party prepares to roll out a recovery package for the nation’s economy. The Canadian Airports Council will issue a request Friday for the government to extend rent relief to airports beyond this year, and to provide long-term interest free loans and other funding to help the sector stave off a historic revenue loss. Daniel-Robert Gooch, president of the Ottawa-based advocacy group, said he’s hoping the government will provide enough help to cover a “big chunk” of the almost C$3b airports will need to borrow through the end of next year to cover expenses and keep workers employed. “We’ve been talking to anybody in government who would listen, going on seven months,” Gooch said. “Our sector has not seen anything like this. Hopefully we never see anything like it again.” Trudeau has been reluctant to make any moves that could be seen as bailing out specific companies or industries, even in troubled sectors like air travel. Instead, the government has launched a series of less-targeted lending and subsidy programs for business. If some key decisions aren’t made in the next couple of months, “we start to look at really difficult decisions,” Gooch said, adding those range from fare increases to the potential closure of smaller airports, he said. The council represents more than 100 airports across the country, including global hubs like Pearson in Toronto, Montreal’s Pierre Elliott Trudeau airport, and Vancouver International. <br/>