Longer runway for Halifax airport
The extension — from 2,682 metres to 3,200 metres — will allow the airport to handle larger wide-body and heavy aircraft.
The federal and Nova Scotia governments are contributing half the money toward the project, while the airport authority will look after the rest.
"The extension of our main runway will provide Nova Scotia with new economic development opportunities, particularly in the air cargo sector," Tom Ruth, president and CEO of the airport authority said in a release.
Nova Scotia's share is $5 million while Transport Canada is in for $9 million.
In 2009, the airport moved 29,000 tonnes of cargo.
Over the next decade, air cargo traffic is forecast to grow by between 85 per cent and 130 per cent.