Iqaluit International Airport Improvement Project

Rank 2024


Image Credit: Surface Renewal Systems

Industry Sector: Transportation

Project Type: Airport

Project Value: $418.9 million

Funding Source: P3

Federal Funding: PPP Canada: $72.8 million

Provincial Funding: Government of Nunavut: $68.7 million up front (remaining to be paid through availability payments)

Province: Nunavut

City / Region: Iqaluit

Estimated End Date of Substantial Completion: 2017

Located in the capital city of Nunavut, the new Iqaluit International Airport will replace the original 1940 Frobisher Bay Air Force airport and will continue to play a strategic technical support role for both military and civilian aviation. The project—one of the largest pieces of public infrastructure ever built in Iqaluit—will include the construction of a new airport building, expanded aprons for planes to park, new lighting systems, an upgraded runway, and a new combinedservices building that will house the fire-fighting vehicles, support equipment, and heavy runway and apron maintenance equipment.

Once completed in 2017, it will address a host of safety and efficiency issues at the existing airport while also offering Nunavummiut, businesses, and visitors access to an array of improved conveniences in their air travels to and from the region.

Project Owner: Government of Nunavut

P3 Team Members/Project Team: Arctic Infrastructure Partners—Stantec (design); Bouygues Building Canada, Sintra Inc., Kudlik Construction, and Tower Arctic (construction); Winnipeg Airports Authority (service provider); InfraRed Infrastructure Capital Partners, Bouygues Building Canada, ColasCanada, Winnipeg Airports Authority (equity investors)

Other Key Players: Hanscomb (planning study/ engineer’s cost consultant); INTECH Risk Management (insurance advisor); LeighFisher (independent certifier); Partnerships BC (P3 selection process manager); SNC-Lavalin (ISO 9001 certification); WSP (external airport operations advisor)

Legal: Bennett Jones (acting for procuring authority); Miller Thomson (fairness advisor)

2017 Rank: 91

2016 Rank: 96