A strong well-functioning supply chain is a top priority for Canada. The Government of Canada is committed to ensuring our supply chains are efficient and reliable to support Canada's economic growth and create good, middle-class jobs, while maintaining their resiliency and ability to adapt to the impacts of climate change.
Today, the Minister of Transport, the Honourable Omar Alghabra, and the Member of Parliament for Acadie-Bathurst, Serge Cormier, announced an investment of up to $12.5 million, under the National Trade Corridors Fund, for an infrastructure project at the Port of Belledune.
The $25 million project will create a dry bulk conveyor loop between two terminals that will facilitate reloading and transshipments at the Port. With this funding, the Port will install fixed conveyors linking the deep-water terminal to the staging area, renovate existing storage, and build a new warehouse and transfer tower. The project will increase the quantities of bulk cargo handled at the Port of Belledune and make it easier to move goods like forest products, minerals, and petroleum between vessels and other modes of transportation.
This investment will have important economic and employment benefits for the region, such as relieving supply chain congestion, and facilitating the movement of goods at this port while creating good jobs for Canadians in the region.
The Government of Canada is investing to help bolster Canada's economic capacity and the opportunities for our Canadian businesses to expand into global markets. This represents a long-term commitment to work with stakeholders on strategic infrastructure projects to address transportation bottlenecks, vulnerabilities, and congestion along Canada's trade corridors.
