Terry Sheehan, Member of Parliament for Sault Ste. Marie on July 28 announced more than $2.15 million in financial support for the Sault Ste. Marie Airport Development Corporation (SSMADC). The government explains this non-repayable contribution will help mitigate the financial pressures brought on by the COVID-19 pandemic by supporting the operations of the Sault Ste. Marie airport for a one-year period. The project is expected to help maintain 13 local jobs.
“Today’s investment of more than $2.15 million will help secure the ongoing operations of the Sault Saint Marie Airport, an essential service and key economic driver for the people and businesses of Sault Ste. Marie and the entire region,” said Sheehan. “Our government continues to make strategic investments to ensure that our economy recovers from the impacts of the COVID-19 pandemic and rebounds even stronger than ever before.”
The Government of Canada’s Regional Air Transportation Initiative (RATI), launched in March 2021, supports access to air transportation and regional ecosystems. In particular, it enables the continuation of existing air routes and ensures airports remain operational and able to contribute to regional economic growth, while adapting to new post-COVID-19 realities and requirements. RATI, administered by the regional development agencies (RDAs), has a national budget of $206 million.
“The Sault Saint Marie Airport is a socio-economic lifeline for our residents and businesses, and this FedNor funding will help to ensure that it continues to play a key role in our economic recovery and future growth,” said Christian Provenzano, Mayor of Sault Ste. Marie. “I’m pleased that the Government of Canada understands the importance of this key local asset and is investing to secure its sustainability.”