Sorel, QC – The President of the Treasury Board and Minister of Transport, Anita Anand, today announced up to $38 million for seven projects under the National Trade Corridors Fund. These investments will reduce capacity constraints and bottlenecks, making it easier for goods to move quickly.
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
“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.
Robert Bellisle, President and CEO of QSL, commented: “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.”
The Montreal Port Authority (MPA) said it was delighted with the financial support of $12.5 million announced by the Government of Canada, as part of the National Trade Corridors Fund (NTCF), for a project to redevelop and upgrade the grain containerization sector at the Port of Montreal. Worth a total of $25 million, this project will increase and optimize operational space, and increase container storage capacity by 20% 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% at the Port of Montreal.
(Photo of Transport Minister Anita Anand)
