CIB supports transformation of Montréal-Trudeau International Airport with $1B loan

AI Article Summary
The Canada Infrastructure Bank has granted a $1 billion loan to ADM Aéroports de Montréal to support major infrastructure improvements at Montréal-Trudeau International Airport. This investment is part of ADM's 10-year, $10 billion capital improvement plan to accommodate increasing travel demands. The project aims to enhance airport functionality and is anticipated to boost GDP by $3.7 billion and create 9,000 jobs. The upgrades will include improved access roads, additional gates, and increased baggage handling capacity, supporting the airport's capacity to handle between 30 to 35 million passengers by 2035.