Mr. Speaker, rent represents 14% of the airport's budget. The debt load will go up to 51% by 2009. The problem is not with the rent. The problem is with the debt load. Also Pearson Airport uses less of its concessions. Concessions all around the country represent 40% of revenue. At Pearson it is only 20%. It has to smarten up on that too.
In the House of Commons on November 15th, 2005. See this statement in context.