MS · News · 20260918N

Airport Concessions Sale Mandate

MORGAN STANLEY · 2026-09-18 · Importance 31 · Surprise 42

The Canadian government appointed Morgan Stanley and CIBC to advise on selling operating rights to four major airports: Toronto, Montreal, Vancouver, and Calgary. The privatization initiative follows Prime Minister Mark Carney’s announcement to seek private investment in government-owned airport assets. The transactions are expected to generate tens of billions of dollars, with proceeds supporting regional airports and other infrastructure projects.