The Canadian government is considering the privatization of airports, but former Conservative minister James Moore argues that this initiative is unlikely to succeed. In a recent opinion piece, Moore outlines several reasons why airport privatization won't fly, citing public opposition, operational complexities, and potential negative impacts on travelers.
Why Privatization Faces Strong Headwinds
Moore highlights that Canadians have historically resisted privatization of key infrastructure, and airports are no exception. The public is wary of potential fare increases and reduced service quality under private ownership. Additionally, the logistics of transferring control from government to private entities are daunting, with many airports already operating under long-term leases and agreements.
Economic and Political Challenges
The current economic climate, with rising inflation and interest rates, makes privatization less attractive to investors. Politically, the government may face backlash from unions and communities that rely on airport jobs. Moore also notes that other countries' experiences with airport privatization have been mixed, with some leading to higher costs and inefficiencies.
While the government explores this option to generate revenue and improve efficiency, Moore concludes that the plan is unlikely to take off given the significant barriers. The debate continues, but for now, Canada's airports remain under public control.
