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CHATTELS FACT SHEET
- Chattels are items of tangible personal property used for the management,
operation or maintenance of leased National Airports System (NAS) airports,
which were sold by Transport Canada to airport authorities at the time of
commercialization.
- Items of tangible personal property sold as part of the lease agreements
included such things as furniture, computer equipment, cars, trucks and snow
blowers.
- A total of $21.9 million in chattels payments remains owing to the federal
government, mostly from 13 smaller, non-rent-paying airports. These
outstanding debts were scheduled for payment between 2006 and 2014. In order
to assist the smaller NAS airports, and recognizing the age of these assets,
the government has decided to forgive these remaining chattels payments.
- Canadian airport authorities with chattels payments being forgiven by the
federal government:
Halifax: |
$1,297,825 |
Thunder Bay: |
$1,744,353 |
London: |
$775,482 |
St. John's: |
$1,198,323 |
Prince George: |
$4,170,908 |
Quebec: |
$1,284,964 |
Regina: |
$433,350 |
Saskatoon: |
$533,880 |
Moncton: |
$2,181,856 |
Charlottetown: |
$1,410,395 |
Saint John: |
$1,591,639 |
Gander: |
$3,410,365 |
Fredericton: |
$1,862,245 |
Annual Totals of Canadian Airport Authorities Chattels Payments
Forgiven by the Federal Government ($000)
![Annual totals of Canadian airport authorities chattels payments forgiven by the Federal Government. Starting at just over $3 million in 2006, the amount increases to over $4 million by 2008 before decreasing steadily to $500,000 by 2014.](/web/20071230015932im_/http://www.tc.gc.ca/air/airport-rent/fact/images/Chattels-Payments.gif)
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