Alberta announces $30M in funding to upgrade airport
The improvements will support the development of a shipping and receiving hub in central Albert
Alberta is investing $30 million to expand the Red Deer Regional Airport, clearing the way to develop a national transportation logistics hub in central Alberta.
“Alberta’s airports play a critical role in strengthening and diversifying our economy by expanding access to markets, as we don’t have direct access to tidewater,” said Devin Dreeshen, minister of transportation and Economic CorridorsThis investment will allow additional aviation cargo and logistics services, which will not only provide new travel options and get more products to market but also create jobs and help attract new investment to central Alberta.”
The expansion will support the growth of rural communities in central Alberta while enhancing the safety of local residents and airport users by creating an additional emergency access to the airport and the Hamlet of Springbrook. This new funding builds on a $7.5-million grant from Alberta’s government in 2022-23 for the airport to repair and upgrade its runway.
Funding through Budget 2023 will support north end road construction and civil works, including water sanitation, stormwater and fibre optics, to Township Road 374 to support new business opportunities for the north end land development. The development of the north end road will also create additional emergency access to the airport.
“The city and county recognize the Red Deer Regional Airport as an economic catalyst,” said Ken Johnston, Red Deer mayor. “The city, as a joint appointer for the airport with the county, is working together to be a key logistics hub based on our prime location. Thank you to the Province of Alberta for their investments in central Alberta.”