Vancouver British Columbia - Today, the Honourable Marc Garneau, Minister of Transport, announced a major investment of $167 million for
three projects that will help Canadian businesses compete globally by making improvements to port infrastructure and by increasing the capacity of the rail
infrastructure that serves the south shore port area, ensuring goods move efficiently to market.
The first two projects are led by the Vancouver Fraser Port Authority, with investment from Canadian National Railway (CN) and Canadian Pacific Railway (CP)
and include:
The third project led by CN, with investment from the Vancouver Fraser Port Authority, involves designing and building a 4.2 kilometre long secondary track,
parallel to the existing Burrard Inlet line, in the City of Vancouver.
The increased rail capacity will support the flow of goods through the south shore port area, as trade volumes continue to grow.
The projects will increase the efficiency and capacity of the rail network servicing the north and south shores of the Port of Vancouver, while also
facilitating the movement of goods and reducing the effects of rail traffic on the community.
In addition, these projects will improve safety with better access to and from the south shore waterfront.
Author unknown.
OKthePK Joint Bar Editor: Article abridged.