Bluesky Opportunity for the Bluenose Province : A Valuation and Strategic Appraisal of Halifax Robert L. Stanfield International Airport (YHZ)

Taxpayers Will Benefit If YHZ Is Privatized –  Selling off all, or part of, Halifax’s International Airport YHZ is the airport serving the metropolitan Halifax-Dartmouth, Nova Scotia that is ultimately […]

Taxpayers Will Benefit If YHZ Is Privatized – 

Selling off all, or part of, Halifax’s International Airport

YHZ is the airport serving the metropolitan Halifax-Dartmouth, Nova Scotia that is ultimately managed and owned by the federal government. The airport has positive operating cash flow and positive returns on assets, equity, and capital employed. But as it stands, the airport’s debt level is high in relation to its cash generation capacity, further increasing its already high debt. This valuation explores different options in which YHZ could have part of its debt extinguished to optimize total sale proceeds to the citizens of Nova Scotia. Several large airports around the world are already owned by private investors.

Read full .pdf here.

[su_document url=”https://fcpp.org/wp-content/uploads/VS40_Halifax-IA-ValuationSA_JN0120_F1.pdf”]

Featured News

Transformers: More than Meets the Eye

The path to net zero, based on the much disputed belief that carbon dioxide is a pollution, is more steep and impractical than most people realize. Replacing fossil fuels with clean electricity will require much more power generation and a greatly upgraded grid to...

MORE NEWS

Alberta Politics and Empty Promises of Health-care Solutions

Alberta Politics and Empty Promises of Health-care Solutions

The writ has been dropped and Albertans are off to the polls on May 29. That leaves just four weeks for political leaders and voters to sort out what is arguably the most divisive, yet significant, issue for this election - health care. On Day 2, NDP leader Rachel...

MPI to Take a Large Loss?

MPI to Take a Large Loss?

Unsurprisingly, with a government automobile insurance monopoly, MPI’s history is marked by politics

Cox: Downtown Rethink

Cox: Downtown Rethink

This article entitled People in Toronto won't stop working from home and it's impacting the city paints a relatively negative picture about downtown prospects - noting that Toronto office vacancy rates have just hit their highest level since 1995.  Looks like the...