Canada Hires JPMorgan, CIBC to Advise on Sale of Four Major Airports

This is a notable test of whether large, government-held infrastructure can be moved into private hands in a G7 market, and the choice of JPMorgan and CIBC signals a process aimed at institutional buyers rather than a quick disposal. The four hubs named are the country's busiest, so any change in their operating structure touches airlines, travellers and the surrounding logistics and real-estate ecosystems, not just the federal balance sheet. The open question is how far Ottawa is willing to go on transferring control, and whether the advisory work leads to actual transactions or remains a political signal at the summit stage.