Transport Canada has announced an investment of up to CAD $150m under the National Trade Corridors Fund to build a new container terminal for the Montréal Port Authority within the city of Contrecoeur, Québec.
The new terminal would increase the Port of Montréal’s container capacity to meet the growing need for cargo transportation and help maintain the fluidity of the Port’s operations.
Under the construction plan, the new terminal will include a 675-metre-long dock, including the approach area for ships, a rail network connecting to the existing Canadian National Railway (CN) tracks, including a railway transfer point and freight transfer hub, road access to connect the terminal to the public network, a container handling yard, and operations and administrative buildings.
These improvements will strengthen links between Canada and world markets and provide Canadian companies with the port infrastructure they need to remain competitive.
Once completed, the new terminal is expected to increase the annual value of imports and exports handled at the port, generating up to $140 million per year across the country.
In addition, this project would increase the total capacity of the Port of Montréal by 55%.
The Government of Canada continues to invest to make the country’s supply chain stronger, to boost economic growth, and to create more opportunities for the businesses to grow internationally.
Pablo Rodriguez, minister of transport and quebec lieutenant, said that “The Port of Montreal is an economic driver for the province of Quebec and Montreal, and a key element of our national supply chain. By supporting the Port in its expansion project in Contrecœur, we continue our efforts to strengthen Canada’s supply chain. This is important so that we never again have to go through product shortages like we experienced during the pandemic, or the significant price increases that came along with them.”
