New funding for Port of Montreal to tackle congestion in supply chains

Chamber of Shipping > Blog > News > Government > New funding for Port of Montreal to tackle congestion in supply chains

The Minister of Transport, Pablo Rodriguez, has announced a significant investment of up to $16.75 million for enhancements at the Port of Montréal. This initiative, funded through the National Trade Corridors Fund, includes adding a fourth railway track to the Pie-IX bridge and constructing a storage area. The project aims to extend the bridge’s railway network by 500 meters, ensuring the port’s container terminals remain viable in the long term, boosting rail capacity to increase the port’s annual commercial value by over $1 billion, and reducing freight costs. Additionally, it will generate labour savings, enhance modal interconnectivity at the port, ensure rail operation safety, and favour rail freight over trucking to mitigate environmental impacts. This investment reflects the government’s commitment to fortifying Canada’s supply chains, fostering economic growth, and expanding global market access for Canadian businesses.

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