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Region of Waterloo airport expansion plan would cost $474 million

Waterloo Region Record

BRESLAU — A long-term plan to expand the Region of Waterloo International Airport has a price tag of more than $474 million.

Staff laid out the first details the public has seen on the plan in a report earlier this week. It would tie expansion to the achievement of milestones in passenger volume increases.

“This is the first time we’ve gone out with that recommendation so we’re interested in what the community has to say,” said Chris Wood, airport general manager.

According to the report, the region expects about half the cost of the expansion work would come from other sources.

That would bring the regional capital cost to about $237.3 million. That’s in inflated dollars based on a 20-year time frame….. full story

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