Funding Policy for Regional Airports
Wilson asked about capital grants for other provincial airports. The Minister said projects would need at least 25% local funding and would still have to meet financial and economic criteria.
My receiver was not sensitive enough to receive such vibrations. Will the Minister indicate his intentions in regard to all the other provincial airports? In the past they attracted capital grants. What are his intentions in 1986?
Comment on this
We have outlined our policy in relation to future development of regional and local airports. A prerequisite for any application to be considered would be a local commitment of at least 25 per cent of a project. Even then, the remaining 75 per cent would have to be justified on financial and economic criteria.