Minister of Finance Urged to Move Forward on Important Airport Industry
Initiatives
Standing Committee on Finance recommends allowing international travellers to buy duty free goods upon arrival in
"Arrivals duty free is a long-standing request of Canada's airports, and we encourage the Minister of Finance to adopt the standing committee's recommendation on this valuable program," said CAC President and CEO Jim Facette.
Arrivals Duty Free will allow Canadian airport duty free operators to grow their businesses and repatriate duty free sales currently lost to foreign duty free operators. "ADF would be good for Canada's airports, travellers and the Canadian economy," said Mr. Facette
Its sixth report to this parliament, 'Prosperous and Sustainable Future for Canada: Needed Federal Actions,' the House of Commons Standing Committee on Finance made the recommendation as part of its pre-budgetary consultations. Canada's airports now look to the Minister of Finance to adopt the recommendation as part of the federal budget to be introduced in the spring.
The Finance Committee also acknowledged several other requests Canada's airports community, most notably the development of foreign/free trade zones, a permanent solution for small airport funding and the elimination of airport rent.
The committee recommended that the government should develop and implement proactive policies to expand key sectors of the economy and to support targeted high value activities. Free/foreign trade, zones provide for the ability to add value and research and development in export oriented and tariff free environment.
The committee also drew attention to CAC members call for the elimination of airport rents, noting that
About the Canadian Airports Council
The Canadian Airports Council (CAC) is the voice for Canada's airports. Its 47 members represent more than 200 airports, including all of the National Airports System (NAS) airports and most significant municipal airports in every province and territory. Together, CAC members handle virtually all of the nation's air cargo and international passenger traffic and 95% of domestic passenger traffic. They create in excess of
For further information: Daniel-Robert Gooch, Director of Communications, Canadian Airports Council, (613) 560-9302 ext 16, [email protected]
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