UPDATED: Vancouver International Airport to get $9B expansion

The funds will cover more than 75 projects and upgrades during a 20-year span

Vancouver International Airport, along with B.C.’s premier, officially launched a $9-billion expansion plan on Thursday that officials say will bring the infrastructure needed to support up to 36 million travellers each year by 2020.

“We are on an ambitious journey to build the airport of the future,” said airport CEO Craig Richmond.

The airport, which operates with a not-for-profit-business model, receives no government funding. Thursday’s investment has been generated through the airport’s own profits, according to Richmond.

In 2017, the airport saw a record 24.2 million passengers land in Vancouver.

The funding will cover more than 75 projects and upgrades during a 20-year span, including expanding runways by 300 metres, parking and terminal expansions.

One of the biggest projects includes creating one of the largest GeoExchange systems in Canada, Richmond said, which involves using groundwater for heating and cooling.

The construction, Richmond said, is expected to create 2,500 full-time constuction jobs by the end of the year.


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Red Cross looking for public support

Organization seeks aid to help victims of this year’s wildfires

B.C. declares state of emergency as more than 560 wildfires rage

This is only the fourth state of emergency ever issued during a fire season

Third overall in Canada for McLure, B.C. cowboy

McLure junior bull rider, Jake Bradley, finished third overall at the recent… Continue reading

Clearwater Hockey School hones skills before hockey season

Clearwater Hockey School is starting up next week, where local young players… Continue reading

Have you heard of Chaga?

By K.A. Pendergast Chaga is a Big ol’ Mushroom that grows on… Continue reading

PHOTOS: B.C. city wakes up to darkness under wildfire smoke

The rest of the province also dealing with thick haze as smoky skies continue

Canadians believe in immigration but concerned about asylum seekers: study

Immigration, Refugees and Citizenship Canada paid for study to understand Canadian attitudes

These are the highest-paid actresses of 2018

In its list released this week Forbes said all 10 earned a total of $186 million before tax

Safeway union urges prejection of mediator recommendations

Says mediator asks for too many concessions

Fire chases B.C. crews out of their own camp

Crews in Burns Lake had to leave after a wildfire reportedly overtook their sleeping quarters

To address peacock problem, B.C. city moves ahead on trapping plan

Surrey’s new bylaw focuses on ensuring people no longer feed the birds, ahead of relocation

Hospitals to see ‘delays’ in care after losing Saudi students, health group says

About 1,000 Saudi residents called back to kingdom after suspending diplomatic relations with Canada

Bernier diatribe against ‘extreme multiculturalism’ boosts Liberal coffers

Party spokesperson Braeden Caley says online donations doubled, social media engagement quadrupled

‘Disjointed’ system hinders British Columbia First Nations in wildfire fight

More than 550 wildfires were burning in B.C. and crews were bracing for wind and dry lightning

Most Read