US EditionCarney says Canada will soon announce funding for port infrastructure
The Canadian government plans to increase port capacity by up to 40%, fast-tracking projects to enhance exports of liquefied natural gas and critical minerals, supporting trade diversification.
- On Tuesday, Prime Minister Mark Carney said an announcement on new port infrastructure is coming in the next two weeks, highlighting the Contrecoeur expansion and a new port in Churchill, Manitoba.
- The government fast-tracked Bill C-5 in June to speed approval of major projects, and Carney said Ottawa will unleash half a trillion dollars in energy and port infrastructure to deepen trade ties with Europe amid U.S. tariff tensions.
- The Contrecoeur expansion would increase Montreal's container capacity by as much as 40, Churchill recently handled critical mineral shipments, and Arctic Gateway Group inked an MOU with Fednav for year-round shipping.
- Carney added that next-generation northern infrastructure could be 'in the order of magnitude of $30 billion' as Ottawa has already invested $277 million restoring Churchill's port and railway in recent years.
- Getting liquefied natural gas and critical minerals to Europe will require Canadian ports upgrades, proponents say shipping could start in five years, and experts urge careful planning for environmental risks with Indigenous leaders.
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31 Articles
Prime Minister Mark Carney says the expansion of the ports of Montreal and Manitoba could be one of the first accelerated projects.
Mark Carney suggests ports could be the initial focus of his nation-building project plan
He specifically cited two projects: a planned expansion of the Port of Montreal to the city of Contrecoeur, and a proposed expansion of the Port of Churchill in northern Manitoba.
The expansion of the Port of Montreal to Contrecoeur and the construction of new port facilities in Churchill, Manitoba, will be included in the list of first infrastructure projects of national interest that will obtain the Carney Government's green light within two weeks.
Carney says Canada will soon announce funding for port infrastructure
OTTAWA — Prime Minister Mark Carney said Tuesday that expansions to ports in Montreal and Manitoba could be among the first projects fast-tracked under his government’s new major projects bill. Carney said the government will make an announcement about new port infrastructure “in the next two weeks.” “There is a lot happening, it’s the number […]
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