Canada Invests in Port of Montréal

 16 Apr 2018 10.23am

The Honourable Marc Garneau, Minister of Transport

The Honourable Marc Garneau, Minister of Transport, announced that the Government of Canada will invest approximately US$14 million for the Port of Montréal – expanding the ports rail network capacity to help local businesses move commercial goods to market.

The project will focus on the ports interchange zone for its rail network and is set to include the relocation of underground and above-ground infrastructure, the relocation and construction of the port’s new road, and the construction of new rail lines.

The planned work is expected to eliminate bottlenecks to increase the flow of rail traffic, making the Port of Montréal more competitive.

The Government of Canada is currently investing in and supporting many infrastructure projects across the country, to help secure continued success in international trade.

Read the "Container Logistics 4.0. Key Themes for the Next 5 Years" technical paper for a rundown of the upcoming technological developments in the industry

These investments look to bolster Canada’s supply chain, supporting the physical movement of goods and eliminating bottlenecks and congestion across the nation’s ports, airports, roads and railways.

Parliamentary Secretary to the Minister of Innovation, Science and Economic Development, David Lametti, said: “Transportation and distribution of goods are a vital part of our local, regional and national economies.

“The investment announced here today will make our transportation system stronger by addressing urgent capacity constraints at the Port of Montréal and fostering long-term prosperity for our community.”

Read more: Port of Montreal Strengthens Ties with India’s Mundra Port

  Global Economy/Trade, Port Governance, Port Planning, Ports, Security and Logistics