Government of Canada provides additional funding to invest in trade corridor projects

Chamber of Shipping > Blog > News > Government > Government of Canada provides additional funding to invest in trade corridor projects

Minister of Transport, the Honourable Omar Alghabra, announced that the National Trade Corridors Fund has officially received additional funding of $1.9 billion and that projects can now be financed. Applications are now being accepted and assessed under the fund’s continuous call for proposals. This new funding will build on the $1.9 billion committed to date for 89 projects nationally through the National Trade Corridors Fund. With private and public sector partners joining the federal government with their own contributions, these projects represent $3.9 billion worth of investments. In the Greater Vancouver Region, the National Trade Corridors Fund is contributing $374 million for 16 projects to build a more fluid road, rail, and marine gateway through Canada’s busiest port. With partner contributions, this has brought $967 million of total investments to support trade and growth.

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