The Government of Canada is contributing up to $4.1 million to the Vancouver Fraser Port Authority under the National Trade Corridors Fund to provide relief in the aftermath of the floods in British Columbia.
The initiative, led by the Vancouver Fraser Port Authority, will help ease supply chain constraints and bottlenecks in the Lower Mainland. It will address current supply chain disruptions, which have created delays and service challenges at the port’s container facilities, by delivering additional container storage capacity, through the preparation of an undeveloped 40-acre parcel land within the Fraser Richmond Industrial Lands for the handling and storage of empty containers.
Transport Canada is actively engaged and working with the Province of British Columbia, along with port, terminal, railway, air, and trucking sectors, to provide any support required in response to the damages caused by flooding in British Columbia. Of paramount concern is supporting those who are displaced or being evacuated as a result of the landslides.
Through the National Trade Corridors Fund, the federal government is investing in well-functioning trade corridors to help Canadians compete in key global markets, trade more efficiently with international partners, and to keep Canadian supply chains competitive. It represents a long-term commitment by the Government of Canada to work with stakeholders on strategic infrastructure projects to address transportation bottlenecks, vulnerabilities, and congestion along Canada’s trade corridors.
“All Canadians stand with British Columbians. Our government is taking steps to resolve transportation and supply chain issues, and we commend the Vancouver Fraser Port Authority for its leadership. We will continue to work with local partners in the coming days, weeks and months to address transportation issues as they arise,” said the federal Minister of Transport Omar Alghabra.