Future Development
As a result of increased traffic, Nunavut government is planning an overhaul of the airport which is expected to cost between $250 and $300 million. The project will be a public–private partnership with the GN borrowing their half of the cost. The, as yet unnamed, construction company will also operate the airport for 30 years. Upgrades will include building a new terminal, retrofitting the current terminal, expanding parking lots, an second taxiway and apron and repaving the runway. The construction is expected to begin in 2014 and completed by 2017.
Read more about this topic: Iqaluit Airport
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“The future is just as much a condition of the present as is the past. “What shall be and must be is the ground of that which is.””
—Friedrich Nietzsche (1844–1900)
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—John Emerich Edward Dalberg, 1st Baron Acton (1834–1902)