Then Paxport disappeared, the one that was operating with favour. Where did it resurrect itself? Pearson Development Corporation. All of a sudden, having been given assurances by the government of the day that there would be competition at the airport in Toronto, as the government was getting close to awarding the tender we found that there was going to be no competition at Pearson International Airport. In fact the three terminals, terminal 3 which was called Trillium, terminal 2 and terminal 1, would all be under the direct control of Pearson Development Corporation.
In the House of Commons on April 26th, 1994. See this statement in context.