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GTAA’s Eng Says Better Connectivity Leads to Economic Growth

Sept. 6 (Bloomberg) -- Greater Toronto Airports Authority Chief Executive Officer Howard Eng says better infrastructure and connectively leads to economic growth.

Traveling needs to be made as easy as possible, Eng said today at the Bloomberg Canada-Asia Conference in Vancouver.

“Running one of the key gateway hubs for Canada, we have to ensure that as the front door to Canada, that I create an environment for Canadian business to use the Toronto airport and make it hassle free,” said the head of Canada’s busiest airport said.

Eng said China shouldn’t just be seen as a market for cheap goods but people in the Asian nation are growing wealthier and have more money to spend on travel.

Arrivals of non-resident travelers from China, excluding Hong Kong, rose 23 percent in the first six months of this year to 141,997, compared with 115,428 the same period in 2011, according to data from Statistics Canada. Over the past decade, arrivals from China tripled to more than 20,000 a month, the data show.

To contact the reporters on this story: Christopher Donville in Vancouver at cjdonville@bloomberg.net; Jeremy van Loon in Vancouver at jvanloon@bloomberg.net

To contact the editor responsible for this story: Jacqueline Thorpe at jthorpe23@bloomberg.net

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