About Toronto Pearson
Toronto Pearson International Airport is the primary international airport serving Toronto, its metropolitan area, and the Golden Horseshoe region in Ontario, Canada. It is the busiest airport in Canada. It serves as the main hub for Air Canada and WestJet. The airport is named after Lester B. Pearson, a Nobel Laureate and Prime Minister of Canada.
Pearson has two main terminals: Terminal 1 and Terminal 3. Terminal 1 is the largest airport terminal in Canada and features a distinct airy design. The airport is one of only a few international airports with US Border Preclearance facilities, allowing passengers to clear US customs in Toronto before landing in the US.
The airport operates five runways, allowing for high capacity. It is a major gateway for transatlantic traffic and connects Canada to every inhabited continent. The "Union Pearson Express" train connects the airport to downtown Toronto in 25 minutes.
Toronto Pearson Airport is operated by the Greater Toronto Airports Authority (GTAA), a not-for-profit corporation without share capital established by the federal government in 1996 to run the airport under a 60-year ground lease from Transport Canada that expires in 2056. All operating profits are reinvested in airport infrastructure rather than distributed to shareholders, an unusual public-benefit governance model shared with only a handful of other Canadian airports including Vancouver and Montreal. Pearson traces its origins to 1937 when the Toronto Harbour Commission purchased 1,400 acres of farmland near the tiny hamlet of Malton, and the airport initially operated as Malton Airport until 1960 when the federal government took over and renamed it Toronto International. The site's ICAO code CYYZ places it in Canada's "CY" region, and the peculiar three-letter IATA code YYZ derives from the pre-airport Malton Post Office's Morse-signal identifier.