The National Trade Corridors Fund supports infrastructure projects in Canada. These projects include improvements at airports, ports, railways, transportation facilities, and access roads. $4.1 billion has been committed to projects since 2017.
- improve the flow of goods and people in Canada;
- increase the flow of trade in and out of Canada;
- help the transportation system to:
- withstand the effects of climate change; and
- better adapt to new technologies and innovation;
- address the transportation needs of Arctic and northern communities.
On October 18, 2024, 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. By supporting our supply chains, the Government of Canada is ensuring that goods move faster and cheaper, making life cost less for Canadians.
The funding recipients and project details are below.
- Montreal Port Authority - Increased export capacity for Canadian containerized grains
The Government of Canada is investing $12,500,000 in this project to increase the Canest Terminal's capacity by 20%, significantly improving its efficiency in handling goods. Additionally, the terminal will expand and optimize its operational space, substantially boosting container storage capacity. These upgrades will enable Canadian producers to expand exports to international markets by easing constraints and eliminating a major bottleneck in the supply chain.
- QSL International Ltée - Development of the port terminals in the cities of Sorel-Tracy and Saint-Joseph-de-Sorel
The Government of Canada is investing $13,613,683 in this project to increase the fluidity of supply chains in the steel and agriculture sectors. By increasing the annual volume of import-export goods, it will support the local and regional economy while significantly reducing the number of days ships spend waiting offshore and the time required for unloading. Additionally, the initiative will mitigate environmental impacts by minimizing vessel diversions to other ports and decreasing the reliance on short-haul trucking.
- Quebec Port Authority - Increase the terminal storage space at Pier 103
The Government of Canada is investing $1,198,185 in this project to reduce interruptions between storage areas, making operations more efficient. Warehouse 103 will serve as a backup storage area to help manage congestion in the logistics chain during busy times. Additionally, the project will help consolidate more goods at QSL terminals, especially in the agri-food, transportation, and construction industries.
- Quebec Port Authority - Relocation of a strategic and essential infrastructure for the electrical supply of the L'Anse au Foulon sector (Pier 104 and 105)
The Government of Canada invested $1,638,500 in this project to increase storage capacity by approximately 3,000 m². This expansion has boosted the terminal's overall storage capacity by about 15%, allowing it to handle new traffic while securing existing operations. Additionally, it reduces waiting times for ships unloading cargo at the terminal.
- Quebec Port Authority - Project to increase the capacity and efficiency of the estuary rail yard
The Government of Canada invested $723,600 in this project to alleviate bottlenecks during peak times by creating additional space for railcars, expanding the Estuary Yard with about 380 linear meters of new track, reducing the time needed for snow clearing on the tracks, and improving unloading efficiency by minimizing operational delays.
- Quebec Port Authority - Agreement for the development of a new dry bulk and cargo terminal behind pier 108 in the Anse au Foulon sector
The Government of Canada is investing $6,800,000 in this project to enhance intermodal connectivity through the construction of a new terminal that supports ship-to-truck and truck-to-ship logistics. It will also streamline operations by adding two new access roads to improve terminal and area accessibility. Additionally, the project will free up capacity at other deep-draft terminals, optimizing their use for handling and storage.
- Saguenay Port Authority - New storage area in the southwest sector of the Terminal
The Government of Canada is investing $1,261,343 in this project to enhance trade flow by providing additional storage space in the St. Lawrence-Great Lakes maritime system, reducing long-distance transport needs. It will also support the logistics chain for bulk raw materials and promote short-distance maritime transport.
