The Government of Canada is investing in strategic infrastructure projects to strengthen supply chains and make life cost less.
Today, the President of the Treasury Board and Minister of Transport, the Honourable Anita Anand, announced up to $38 million for seven projects under the National Trade Corridors Fund. These investments will reduce capacity constraints and bottlenecks, making it easier for goods to move quickly.
By enhancing infrastructure and improving efficiency, these investments will also support economic growth in the province of Quebec and in the regions along the St. Lawrence River. Projects include:
- The Montreal Port Authority will increase export capacity for Canadian containerized grains
- QSL International Ltée will develop an industrial-port zone in the cities of Sorel-Tracy and Saint-Joseph-de-Sorel thereby increasing trade volumes
- The Quebec Port Authority is undertaking several key projects, including:
- Expanding the terminal storage space at Pier 103
- Relocating essential infrastructure for the electrical supply of the L'Anse au Foulon sector (Pier 104 and 105)
- Enhancing the capacity and efficiency of the estuary rail yard
- Finalizing an agreement for the development of a new dry bulk and cargo terminal behind pier 108 in the Anse au Foulon sector
- The Saguenay Port Authority will establish a new storage area in the southwest sector of the Terminal
The Government makes investments to strengthen the country's supply chains, promote economic growth, and enhance the opportunities for our businesses to expand into global markets, which helps make life cost less for Canadians.
