The Canadian government has announced a $7.5 million investment in the Port of Thunder Bay’s infrastructure.
Initiatives planned, as part of this funding, include new tracks and laydown areas for cargo staging, and the construction of a 4,645 square metre heated facility.
The proposals, which will decrease the pressure of capacity constraints and bottlenecks, are intended to boost trade flow and facilitate Canada’scontinued success in international trade.
In 2017, their total international merchandise trade totalled $1.1 trillion, while their trade with the USamounted to $703 billion overall.
DrNoel Hacegaba discusses how to improve road operations in a recent Port Technology technical paper
The aim of the project is to generate a more fluid trade for Canada around the world, as well as protecting the nation’s shipping industry against the impact of climate change.
Speaking about the investment, Minister of Transport Marc Garneau said: “We are supporting projects that will efficiently move commercial goods to market and people to their destinations, stimulate economic growth, create quality middle-class jobs, and ensure that Canada’stransportation networks remain competitive and efficient.”
Minister of Employment, Workforce Development and Labour, Patty Hajdu, also commented: “The investment announced here today will make our transportation system stronger by addressing urgent capacity constraints at the Port ofThunder Bayand fostering long-term prosperity for our community.”
