Montréal to get federal funding

by MM&D Online Staff

Montréal, Quebec—The Port of Montréal is receiving funding to expand container capacity in the Viau sector, deepen vessel berths, and improve truck traffic flow in and around the port. This work is expected to significantly increase the Port’s handling capacity, facilitate the accommodation of larger vessels, and greatly improve traffic flow for the more than 2,500 trucks that pass through the port daily.

The Port of Montréal will receive up to $43,666,667 through the National Infrastructure Component of the New Building Canada Fund for the upgrades. The Montréal Port Authority will be responsible for the remaining cost of the project, which is estimated to be $132 million. This is the first funding announcement under the National Infrastructure Component and the first project to be funded under this program in Québec. The National Infrastructure Component is part of the federal government’s New Building Canada Plan.

The project will help ensure the already very busy port facilities can support growth and meet increasing demand, particularly the additional business expected from the new Comprehensive Economic and Trade Agreement between Canada and the European Union.

Connected to over 80 countries, the Port of Montréal is a major trans-shipment centre and hub of world trade that handles more than 30 million tonnes of diverse cargo per year. It is the second-largest container port in Canada, after Vancouver, and the fifth largest on North America’s east coast.