Port of South LouisianaPort of StocktonGeneva DrySailors SocietyTMS Awards 2023Van Aalst
  • Bühler GmbH
  • Geneva Dry
  • Port of Stockton
  • Van Aalst
  • Telestack
  • TMS Awards 2023

Vancouver benefits from over $200 million in federal funding

(Posted on 27/06/18)

The Canadian federal government has announced $167 million in funding for three projects that will improve the movement of goods to and from the Port of Vancouver and support Canada’s competitive position in international trade.

This, combined with $55.8 million announced last month for four other critical infrastructure projects in the region brings the total funding amount through Transport Canada’s National Trade Corridors Fund to more than $200 million.

The Port of Vancouver is Canada’s largest, and the third largest in North America by tonnes of cargo, facilitating trade between Canada and more than 170 world economies.

“Today, it’s my great pleasure to thank Minister Garneau and his government for the significant investment in critical road and rail projects that will both support Canada’s growing Trans-Pacific trade and protect the livability of local communities,” said Robin Silvester, president and chief executive officer at the Vancouver Fraser Port Authority.

The National Trade Corridors Fund is part of Transport Canada’s Transportation 2030, a strategic vision to support a safe, secure, green, innovative and integrated transportation system that better moves products to markets and grows Canada’s trade.

After extensive study, nearly 40 priority infrastructure projects were identified for the Lower Mainland region and close to half were submitted for funding through the National Trade Corridors Fund. The list was compiled through the collaborative efforts of the port authority, Transport Canada, B.C.’s Ministry of Transportation and Infrastructure, TransLink and the Greater Vancouver Gateway Council, culminating in an infrastructure strategy called Greater Vancouver Gateway 2030 designed to ensure the roads and railways that lead to the Port of Vancouver are ready to manage Canada’s growing trade.

The investment in infrastructure announced by the federal government over the last month means that a key group of these projects will be moved forward and will provide national, provincial, regional, and local benefits. Key among these benefits is the alleviation of transportation bottlenecks, which will greatly increase the efficiency of moving commodities, such as grain, through the Port of Vancouver. These improvements will enable Canadian companies to get their products to market faster, while also reducing congestion on the roads for local communities.

“Together with our local members of Parliament, municipalities, Indigenous groups, and our industry stakeholders, we look forward to continuing to work on these and future projects that prepare our region and the Port of Vancouver for Canada’s expanding trade opportunities,” continued Silvester.

Latest News

HHLA strengthens in Ukraine with majority stake in Batiovo Terminal

(Posted on 06/06/25)

Hamburger Hafen und Logistik AG (HHLA) is investing in a further terminal in Ukraine. The company is... Read more


Leading Scottish renewables port invests £3m to accommodate wind turbine boom

(Posted on 06/06/25)

Peel Ports Clydeport has invested £3m in infrastructure to support growing demand for handling... Read more


Kevin Beardsley appointed Duluth Port executive director

(Posted on 02/06/25)

Following a national search in the USA, the Duluth Seaway Port Authority Board of Commissioners have... Read more


Major Liverpool cement terminal to support UK construction growth

(Posted on 30/05/25)

A new cement import facility in North-west England is set to play a pivotal role in UK construction... Read more


Vancouver USA signals future as key global outlet for soda ash

(Posted on 30/05/25)

The Port of Vancouver USA port leaders and partners have broken ground on a project to construct a state... Read more


Pilbara Ports initiative to boost seafarer wellbeing

(Posted on 15/05/25)

Pilbara Ports has launched a new initiative aimed at enhancing seafarer welfare by improving onboard... Read more


SSA Marine sustainability milestone at the Port of Los Angeles

(Posted on 15/05/25)

SSA Marine, one of the world’s leading independent marine terminal operators, has announced that... Read more


New customs declaration process launched in Belgium

(Posted on 07/05/25)

Inbound Release Platform (IRP) has been operating since 1 April 2025. This innovative solution, which... Read more


Kale to develop Oman’s national port communication system

(Posted on 07/05/25)

Kale Logistics Solutions (Kale), along with its local partner Novel Muscat, has been awarded the contract... Read more


Estonian-German ports strengthen bilateral relations

(Posted on 01/05/25)

Participants at the first German-Estonian Port Days, have demonstrated the impressive way in which bilateral... Read more


TBA GroupViganTelestackCimbriaBühler GmbH
  • TBA Group
  • Sailors Society
  • Vigan
  • Cimbria

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping