Through the National Trade Corridors Fund, the Government of Canada will be contributing $18.5 million to Montreal Port Authority (MPA) for its $37 million project to increase freight mobility. By creating greater fluidity and efficiency, this project addresses the constant growth in cargo volumes transiting the port of Montreal each year. It is noteworthy that from 2009 to 2018, the total number of goods handled has grown by 58 per cent to 39 million tonnes. In addition to its expansion projects and investments in infrastructure to increase land capacity, particularly at the Viau Terminal and in Contrecœur, the Port Authority is engaged in improving, modernizing and streamlining the management of cargo and containers on its docks.
“The promised financial contribution will help us provide exporters and importers with ever more smooth and efficient service, and that will keep improving our competitive position in international trade,” said Sylvie Vachon, President and CEO of the Port Authority.