Regional Air Transportation Initiative (RATI) funding will help maintain regional connectivity and jobs
February 22, 2022 - Kelowna, British Columbia - Pacific Economic Development Canada
In a country as large as Canada, air connectivity is critical to the prosperity of all Canadians. However, the COVID-19 pandemic has significantly impacted regional air transportation ecosystems, affecting economies, communities and businesses across the country.
The Government of Canada's Regional Air Transportation Initiative (RATI), launched in March 2021, is fostering access to air transportation and supporting regional ecosystems.
Regional air ecosystem to benefit from funding
Today, the Honourable Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada, announced RATI funding of over $18.8 million in federal support for 11 airports and two air carriers in B.C.
Regional airports and carriers provide a vital service, providing commercial flight access, supporting critical supply chains and promoting economic growth. They connect patients to needed medical care and enable essential work travel. They provide important emergency services and cargo operations to supply businesses and frontline workers.
This funding will ensure airports and carriers can continue essential routine maintenance and facility operations during the COVID-19 pandemic. It will help maintain employment and restore growth in the region as we work to build back from the pandemic.
Regional air transportation is key to the economic development of communities and businesses across Canada. This investment shows the Government of Canada's commitment to supporting economic development across the country and fostering sustainable, inclusive growth for all.
