Cardigan MP and Federal Agriculture Minister Lawrence MacAulay has announced $8.1-million in federal funding for the rehabilitation of the main runway at Charlottetown Airport.
Ottawa’s investment covers 45% of the project’s $18-million pricetag. The province is investing 5%, or $900-thousand, while the Charlottetown Airport Authority will fund the remaining 50%.
Charlottetown Airport Authority CEO Doug Newson says the project will provide for a safer operation as the main runway hasn’t had any major work for about 30 years. But he says it will also give the airport some flexibility with the fees and charges for its airline partners and customers. That will allow the Charlottetown Airport to be more competitive with other airports in the region.