The Government of Canada is committed to strengthening Canada's trade corridors to keep our supply chains moving, strengthen our economy, and make sure Canadians get the goods they need on time.
Today, the Minister of Transport, the Honourable Omar Alghabra, announced up to $100 million in funding under the National Trade Corridors Fund to increase cargo and logistics handling operations at the Edmonton International Airport.
The project will convert approximately 2,000 acres of land into a new global cargo handling operation. With this investment, the Edmonton International Airport will expand its multi-modal distribution throughout Canada, the United States of America, and Mexico. The airport's increased cargo capacity will improve the movement of import and export trade routes and strengthen Canada's supply chain.
Through the National Trade Corridors Fund, the Government of Canada is investing in well-functioning trade corridors to help Canadians compete in key global markets, trade more efficiently with international partners, and keep Canada's supply chain competitive. It represents a long-term commitment by the Government of Canada to work with stakeholders on strategic infrastructure projects to address transportation bottlenecks, vulnerabilities, and congestion along Canada's trade corridors.
Provincial, territorial, and municipal governments, Indigenous groups, not-for-profit and for-profit private-sector organizations, federal Crown corporations, and academia are all eligible for funding under the National Trade Corridors Fund.
