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Montréal-Trudeau International Airport Transformation

Sector(s)
Trade & Transportation
Location(s)
Montreal, Québec
Participation
$1 billion
(financial close)
Partner(s)
Aéroports de Montréal (ADM)

Large-scale infrastructure improvements for an improved passenger experience

Upgrades to cityside and airside infrastructure to ensure long-term flexibility.  

Fast facts

New airside infrastructure promotes connectivity and Canadian trade
Enhancing efficiency and operations at one of Montreal’s vital economic hubs
Represents the CIB’s largest airport infrastructure investment

The CIB is providing ADM Aéroports de Montréal with a $1 billion loan to support large-scale infrastructure improvements at YUL Montréal-Trudeau International Airport.  

Our investment will help advance projects under YUL’s Flight Plan 2028-2035 which includes improved access to the airport and new airside infrastructure to enhance domestic and international travel and trade.  

With passenger volumes expected to reach 25 million by 2028 and between 30 to 35 million by 2035, continued investment in one of Canada’s busiest airports is essential. Upgrades to YUL will ensure the airport is ready to support future growth, maintain operational efficiency and deliver higher-quality service for travelers.  

Benefits of the CIB’s involvement

The CIB’s financing provides ADM with the flexible capital needed to advance multiple phases of the Flight Plan simultaneously and without delays.

The CIB’s trade and transportation sector supports developing stronger, more efficient trade and transportation corridors to domestic and international markets.

Learn more

Government of Canada

The expansion of the Montréal-Trudeau International Airport will create jobs, improve service, and support long-term economic growth. Through this investment, we’re helping one of Canada’s busiest airports grow to meet future demand while building stronger, more connected communities. 

Hon. Gregor Robertson
ADM Aéroports de Montréal

As ADM works hard to build the airport of tomorrow, support from partners such as the Canada Infrastructure Bank enables us to secure the necessary resources to achieve our objectives. YUL's development plan is extensive, but essential to ensure that our international airport can continue to accommodate growing passenger numbers and meet the expectations and needs of its users. As a not-for-profit organization, it was crucial for ADM to diversify the financing of this large-scale project in order to accelerate investment in the airport for the benefit of the community. YUL will now be able to fulfil its role as a driver of socio-economic development for the city, province, and country even more effectively. 

Yves Beauchamp, Chief Executive Officer