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The Government of Canada announced up to $38 million for seven projects in Quebec under the National Trade Corridors Fund. These investments will reduce capacity constraints and bottlenecks, making it easier for goods to move quickly.
“By enhancing connectivity and reducing bottlenecks in Quebec and the areas along the St. Lawrence River, consumers, workers, and small businesses will benefit from efficient and reliable supply chains. This, in turn, supports economic growth and helps make life cost less for Canadians and Quebecers,” said Anita Anand, President of the Treasury Board and Minister of Transport.
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
“This conversion of a former industrial site into a port terminal is a concrete example of sustainable development that we are proud of. The financial support from the federal government is a key milestone in the completion of this project in partnership with the City of Sorel-Tracy. This new infrastructure will allow us to better serve local farmers and businesses while minimizing environmental impact thanks to innovative floating dock technology,” said Robert Bellisle, president and CEO of QSL.
The Port of Montreal project, worth a total of $25 million, will increase and optimize operational space, and increase container storage capacity by 20 per cent at the terminal operated by DG CanEst Transit Inc., which specializes in exporting containerized grain via the Port of Montreal to international markets. Over the past ten years, this sector has grown by 78 per cent at the Port of Montreal, making it one of the most prolific.
“I would like to thank Transport Canada for its contribution to this important project, which will enable us to increase the capacity and efficiency of containerized grain handling, so as to better serve local producers and enable them to increase their exports to high-value-added niche markets via the Port of Montreal, to the benefit of companies, the supply chain and the Canadian and Quebec economy,” said Julie Gascon, President and CEO of APM. |
