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As Alberta’s government continues its focus on growing and diversifying the economy, an investment in the Red Deer Regional Airport will provide new opportunities in central Alberta. Improvements will support the development of a shipping and receiving hub in central Alberta and attract new investment opportunities to create high-paying jobs.
“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. This 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.
“This is definitely exciting news. The Red Deer Regional Airport is situated along one of the busiest transportation hubs in the province. This expansion will provide huge economic benefits to central Alberta.”
“The city and county recognize the Red Deer Regional Airport as an economic catalyst. 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."
“We are glad this government has recognized the unique opportunity the airport and central Alberta can play in expanding our economic impact through diversification. We already have a tenant looking to expand their business as a result of this positive development. By building the road north, we now have the opportunity to access the additional 220 acres, which we hope will bring in cargo, aircraft repair and other airline-related services. This expansion project will also result in a new passenger terminal allowing for 737 aircraft passenger service.”
“Air Spray has partnered with the Red Deer airport for over 50 years. We are the largest business at the airport, employing over 150 highly trained aviation professionals. Air Spray is delighted with the news of this major investment at the Red Deer airport. This investment allows Air Spray to move forward with our expansion plans to add additional hangar space at the airport.”
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 and will increase safety for the community as it continues to grow.
“As the MLA for Red Deer-North and as a resident of Red Deer, I know this expansion will be a welcomed addition for the community. This expansion will be an asset to the transportation corridor, as it will attract new passenger and cargo services, improve tourism and create jobs. I am happy to see further investments that will support our booming community.”
“Centrally located on the dynamic Calgary-Edmonton corridor, the Red Deer Regional Airport enjoys great competitive advantages. This transformative $30-million capital investment for the airport will leverage those advantages, increasing the economic capacity of the airport, thereby increasing economic activity and prosperity in Red Deer and central Alberta.”
Budget 2023 secures Alberta’s future by transforming the health-care system to meet people’s needs, supporting Albertans with the high cost of living, keeping our communities safe and driving the economy with more jobs, quality education and continued diversification.
- Alberta’s aviation and aerospace industries employ more than 18,000 people (2022, Statistics Canada).
- These industries contributed $1.5 billion to the province’s GDP in 2021.
- The province is home to three low-cost Alberta-based carriers – Lynx Air, Swoop and Flair Airlines.
- Alberta’s government created the Strategic Aviation Advisory Council in 2020 to provide expert advice to government on how aviation and aerospace can increase economic development opportunities, expand markets and create jobs in the province.