Under the Federal government’s National Airports Policy (1994), ownership of the Airport was offered to provincial and local governments, airport commissions, private businesses or other interests, in that order. In response to this policy, the SSMADC, an independent, not-for-profit, community based entity incorporated on April 26, 1996, and took over ownership and operation of the Airport on March 28, 1998. Of the 23 regional, local or small airports in Ontario that have been transferred from the Federal government, the Sault Ste. Marie Airport is the only airport that is not directly affiliated with a municipality. The Airport must raise sufficient revenues from fees, concessions, and leases to meet its operating expenses, provide facilities for tenants, and pay taxes.
Since assuming ownership of the Sault Ste. Marie Airport from the Federal Government the Sault Ste. Marie Airport Development Corporation (SSMADC) has elevated the standards of air transportation available to the community since 1961.
The SSMADC’s Mission Statement:
“To make the Airport the best regional air transportation facility in the country through a philosophy of community based control, self-sustaining operation, and by providing positive benefits to the people and commerce of Sault Ste. Marie and the District of Algoma.”