Targeted Government of Canada support will be provided by Western Economic Diversification Canada
July 30, 2021– Vancouver, British Columbia – Western Economic Diversification Canada
Regional air transportation is crucial to ensure merchandise circulates, supply chains are maintained, and regional economic growth continues. The pandemic has had major impacts on regional air transportation ecosystems, affecting economies, communities, and local businesses.
The Government of Canada’s Regional Air Transportation Initiative (RATI), launched in March 2021, fosters access to air transportation and supports regional ecosystems. In particular, it enables regional air carriers and airports to remain operational in these difficult times and to continue to contribute to regional economic growth, while adapting to new post-COVID-19 realities and requirements.
B.C. airports to benefit from funding
With this in mind, Terry Beech, Parliamentary Secretary to the Minister of Fisheries, Oceans and the Canadian Coast Guard and to the Minister of Economic Development and Official Languages (B.C.), on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for Western Economic Diversification Canada, announced $11,721,721 in RATI funding for 11 regional airports in B.C.
This funding will enable these airports to overcome challenges that were brought on by the impact of the COVID-19 pandemic.
Regional air transportation is key to the economic development of communities and businesses across Canada. Since it helps draw Canadians to rural and remote communities to work and raise their families, while also providing reliable connectivity with urban centres, it plays a crucial role in a just, inclusive recovery for all, throughout the country.