An efficient and reliable transportation system is essential to making life more affordable for Canadians. Investing in more efficient and resilient supply chains will ensure that Canadian consumers have access to the affordable goods they need, when they need them.
Today, the Minister of Transport and Quebec Lieutenant, Pablo Rodriguez, announced an investment of up to $16.75 million for a project at the Port of Montréal under the National Trade Corridors Fund. This project consists of adding a fourth track on the Pie-IX railway bridge and building a storage area. The rehabilitation of the railway bridge, including the fourth track, involves adding 500 metres into the railway network of the bridge.
The project will:
- preserve the long-term viability of the port's container terminals;
- increase rail capacity to boost the port's commercial value by more than $1 billion annually;
- reduce freight costs;
- generate labour savings and strengthen modal interconnectivity at the port site;
- ensure the safety of rail operations on the site; and
- help to reduce environmental impacts by using rail freight over trucking.
The Government of Canada continues to make investments to strengthen the country's supply chains, promote economic growth and enhance the opportunities for our businesses to expand into global markets. This investment is another long-term commitment to work with stakeholders on strategic infrastructure projects to address transportation bottlenecks, vulnerabilities, and congestion along Canada's trade corridors.
