@cn.ca
OTTAWA – The Federal Government announced up to a $33.1 million investment in six projects in Alberni and BC under the National Trade Corridors Fund. The projects contribute to economic growth and will strengthen the connections between the communities and regions.
The Canadian National Railway will receive $10 million for the Jaleslie Siding Extension project to enhance the reliability and fluidity of freight trains and passenger rail services to and from the Port of Vancouver. This funding provides an additional option for long trains to pass in the single-track corridor between Kamloops and the Port.
The NSD Development Corporation will receive $6.2 million for the NSD Inland Port project to develop a multi-commodity Inland Port facility in Terrace, BC, serving as a hub for shipping goods to and from Northwestern BC. It includes constructing rail and road access and transloading areas for both liquid and dry bulk commodities, improving transportation fluidity and intermodal connectivity.
Battle River Railway NGC Inc will receive $5.7 million for the Battle River Railway Upgrade project to upgrade three bridges to Class 1 standards, develop the Forestburg Industrial Park, and construct 15,000 feet of rail to service the park in Forestburg, Alberta.
Richardson International Ltd will receive $5 million for the North Shore Railyard Expansion project to add 15 storage tracks at the North Vancouver Terminal, realign existing tracks, and introduce crossovers and turnouts, as well as new lighting, fencing, and utilities. These upgrades are enhancing transportation efficiency, strengthening intermodal connectivity, and supporting regional trade.
Quasar Platform Inc, owned by Trinity Industries, have been allotted $3.5 million for the Digitizing Canada’s Rail Supply Chain project to create a digital platform that monitors railcars and freight in real-time to provide companies with better visibility into their shipments, leading to greater efficiency and a more fluid movement of goods. It includes installing 10,000 GPS location sensors and integrating data to develop a rail network performance dataset.
Lastly, $2.7 million to IntermodeX Logistics Ltd. for the Ridley North Off-Dock and Transloading Expansion project to build a container yard and establish a transloading facility at the Port of Prince Rupert, which will include an off-dock container storage, enhance transloading services, and reduce container congestion.
The National Trade Corridors Fund is merit-based program designed to help infrastructure owners and users invest in the critical assets that support economic activity and the physical movement of goods and people in Canada.
Business Examiner Staff & Canada.ca
