The Government will spend $5 million to help expand the runway and increase the number of business park lots at the Parry Sound and Area Municipal Airport.
The runway extension will increase airport capacity and accommodate larger aircraft, enabling more passenger and cargo transportation. The additional airside lots in the neighbouring airport business park will attract new companies to the area and help local businesses to expand and create more jobs says a government news release.
"Individuals, families and businesses in Parry Sound have been struggling, and this airport expansion will help by attracting more investment, creating jobs, and bolstering the local economy," said Premier Doug Ford.
"This project will exponentially expand the economic development potential of the airport and the industrial park. Previous expansions have brought more jobs and have been an economic boon to the entire region," added MPP Norm Miller.
The airport enhancements and infrastructure upgrades will create easier access to essential services for more than 30 communities and First Nations in the area.
The Parry Sound and Area Municipal Airport was registered in 1979 and the runway was last extended in 1985.
Sixteen businesses are located at the airport’s business park, employing approximately 85 people.
The airport is also used as a refueling stop for air ambulances, Hydro One, OPP and search and rescue aircraft.
