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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Canadian government funding infrastructure update at Port of Montr閍l

Tuesday, April 17, 2018 > 13:30:16
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The federal government is investing $18.4 million to upgrade the rail system at the Port of Montréal.

The work is expected to include relocating underground and above-ground infrastructure, relocating and constructing the port’s new road, and building new rail lines. This work will eliminate bottlenecks, while increasing the flow of rail traffic and the Port of Montréal’s competitiveness.

The Optimisation du réseau intermodal project is a project of the Montréal Port Administration in partnership with the Ministère des transports du Québec.

The Government of Canada is supporting infrastructure projects that will:




  • support economic activity and the physical movement of goods or people in Canada;

  • help the transportation system withstand the effects of climate change and make sure it is able to support new technologies and innovation;

  • address transportation bottlenecks and congestion along Canada’s trade corridors; and

  • increase the fluidity of Canadian trade around the world through ports, airports, roads, railways, intermodal facilities, bridges and border crossings.



Provincial, territorial and municipal governments, Indigenous groups, not-for-profit and for-profit private-sector organizations, federal Crown Corporations, Canadian Port Authorities, and National Airport System Airport Authorities are all eligible for funding under the National trade Corridors Fund.

The Government of Canada is also launching a one-stop transportation data hub providing Canadians and transportation partners an easy access to high quality, accurate and timely data on transportation such as traffic, performance and capacity. This hub will be part of the new Canadian Centre on Transportation Data announced in July 2017.


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