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MontrealTrudeau Airport Launches $10B Overhaul After Securing $1B Loan

Securing the loan initiates design, preparatory work, site mobilization—laying the groundwork for capacity growth plus light rail integration over the next decade.

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Overview

  • The Canada Infrastructure Bank loan represents the first tranche of a $10 billion financing package for the airport’s expansion.
  • With funding confirmed, Aéroports de Montréal has moved the project into its initial design and funding phase and begun preparatory works on site.
  • The redevelopment aims to boost annual passenger capacity to 28 million by 2028 and further to 35 million by 2035.
  • Plans include a full reconfiguration of airport access roads and demolition of the existing parking garage to construct a larger, more efficient facility.
  • A new terminal annex will link directly to the future light rail station slated to open in 2027, alongside added gates and a satellite air bridge to streamline operations.