“We’re looking to attract aviation businesses that will support job creation and generate revenue,” says Paish. “This will not only provide sustainability for the airport but also benefit the region as a whole.” The road development, funded by the Province of Alberta at an estimated $30 million, will enhance accessibility for both the community and prospective businesses. The Red Deer Regional Airport has been a cornerstone of Central Alberta since 1934, contributing to the region’s economy and supporting a variety of essential services. The current expansion is a strategic initiative to sustain and grow its impact, making it a key player in the region’s future. The Red Deer Regional Airport expansion is not just about improving physical infrastructure; it’s a strategic move aimed at sustaining and growing the airport’s economic impact on the region. The airport, established in 1934, has been a crucial economic driver for Central Alberta, providing essential services and supporting local businesses. The expansion project aims to create a sustainable operational model for the airport, which is vital for maintaining and attracting tenants, including those 77 FEB 2025 | BUSINESS ELITE CANADA
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