New Brunswick - Canadian Pacific (CP) reaffirmed its commitment to grow traffic at the Port of Saint John and stimulate economic growth
and investment in New Brunswick at a meeting with Premier Blaine Higgs today.
With its purchase of the Central Maine & Quebec Railway (CMQ), CP makes its return to Atlantic Canada with an exceptional growth opportunity.
This expansion of CP's network more directly and efficiently connects Atlantic Canada to Montreal, Toronto, and the U.S. Midwest (Chicago, Minneapolis, Kansas
City), creating a competitive transportation service that will support economic growth in New Brunswick and throughout Atlantic Canada.
"The opportunities created by our return to the region are generational. We are excited about working with our customers and supply chain enablers in New
Brunswick to grow the Port of Saint John, increase optionality, and bring investment and economic development to the region. We look forward to safely and
efficiently delivering for Atlantic Canada," said Keith Creel, CP President and Chief Executive Officer."
The Port of Saint John is a deep-water, congestion-free port on Canada's Atlantic Coast with the ability to handle a variety of cargos including containers,
automobiles, and bulk commodities.
Together with the Port of Saint John, CP offers access to major North American markets via the EMRY and NBSR, and a compelling transportation service which
will help drive economic growth and support the Port's $205 million modernization project.
"The return of CP is a game changing opportunity for not only Saint John and New Brunswick, but for all of Atlantic Canada. This provides a competitive
option for our region to access both domestic and international markets," said Premier Blaine Higgs.
Author unknown.