Ports Toronto operates the Billy Bishop Toronto City Airport, Billy Bishop Toronto City Water Aerodrome, Marine Terminals 51 and 52, the International Marine Passenger Terminal and the Outer Harbour Marina. PT also provides regulatory controls and public works for marine and air navigation in the port and harbour of Toronto. PT grants operator’s permits to recreational boaters in the harbour of Toronto, oversees land development, engages in trade development for its terminals, and appoints the Harbour Master. PT has a staff of 110 full-time employees and approximately 25 seasonal and part-time workers. As of December 2008, the agency had CA$46 million in capital assets.