Toronto Island Airport Lease Extended to 2045

City council's decision allows the airport to operate for up to 12 additional years despite prior recommendations for more public consultation.

Toronto city council voted 17-8 in favor of extending the Billy Bishop airport lease, which was originally set to expire in 2033.
The extension is part of a tripartite agreement involving the city, PortsToronto, and the federal government.
PortsToronto argued the extended lease is crucial for securing financing to construct mandatory safety zones at the runway's ends.
The decision has sparked controversy, with supporters citing economic benefits and critics concerned about impacts on waterfront development.
Mayor Olivia Chow supported the extension despite a previous staff report advising against it without further public input.