TORONTO, Dec. 6, 2013 /CNW/ - The Toronto Port Authority (TPA) announced
today that it will now join the City of Toronto in its review of Porter
Airlines' proposal, with a focus on any and all outstanding issues as
outlined in the recently-released City Staff report. The TPA has been
involved throughout the earlier review process, working with City staff
upon request. At the request of City Council, the TPA has provided
$1.2 million to fund all of the fees associated with the City's
independent subject matter experts to support this detailed study. The
TPA supports the timeline established by the Executive Committee of
City Council for a resolution, where possible, of any and all
outstanding matters related to the Porter proposal.
The TPA is committed to working with its partners at City Hall regarding
the long-term vision of the airport, and recognizes that some questions
remain given the complexity of the matters under consideration.
In conjunction with this effort, the TPA has asked its own independent
consultants to restart the earlier work associated with the TPA's
"master plan" for Billy Bishop Airport Toronto City Airport (Billy
Bishop Airport). This "master plan" was initiated by the TPA in 2011
following the announcement of its pedestrian tunnel project, but has
not been completed due to the various developments surrounding Billy
Bishop Airport in recent months. According to the City Staff Report
reviewing Porter's Proposal, the City is interested in receiving the
TPA's "vision" for the airport based upon the current terms of the
Tripartite Agreement. When the "master plan" is finalized, this draft
will be shared with City Staff and is expected to form part of this
next phase of their review of the Porter Proposal.
"The TPA will do all it can to assist the City during this next phase,
in light of the positive feedback that has been received to the Porter
Proposal from the majority of Torontonians as well as the Executive
Committee of Council", said Geoff Wilson, President and CEO of the TPA.
"The TPA has reviewed the City Staff's report, and will soon provide a
detailed response to all of the key matters raised. Work has already
begun, in conjunction with City Staff, to meet the key needs of Council
as outlined in the recent Staff Report."
According to the City Staff report, Billy Bishop Airport is a valuable
asset to the City of Toronto. It will welcome 2.3 million passengers
this year, while generating 5,700 jobs and providing $1.9 billion in
annual economic output. There is no question that the City's
appreciation for Billy Bishop Airport's substantial contribution to the
City's economy has grown significantly through this review process. The
City staff report can form the basis for an informed, strong and
durable collaboration to develop this valuable infrastructure asset for
the benefit of today's citizens and future generations - with or
without a change of use.
"On behalf of the TPA and our airport passengers, I want to thank Deputy
Mayor Norm Kelly for bringing a new energy and focus to this important
discussion," added Mark McQueen, Chairman of the TPA. "Whatever the
outcome of this next phase, our customers and carriers are grateful for
his civic leadership."
About the Toronto Port Authority (www.torontoport.com)
The Toronto Port Authority (TPA) owns and operates Billy Bishop Toronto
City Airport, the Port of Toronto (Terminals 51 and 52), and Toronto's
Outer Harbour Marina. In addition to moving more than two million
passengers through the airport in 2012, the Port Authority provides
transportation, distribution, storage and container services to
businesses at the Port, and owns and operates Toronto's largest
freshwater marina. The Toronto Port Authority was incorporated on June
8, 1999 as a government business enterprise under the Canada Marine Act
as the successor to the Toronto Harbour Commissioners.
SOURCE: Toronto Port Authority
For further information:
Tel: (416) 863-2065 or (647) 500-2095 (mobile)