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Funding for Port Metro Vancouver
The announcement of this funding was in Vancouver, but Port Metro Vancouver has operations all over Vancouver, including in Richmond at the Richmond Logistics Hub. The Richmond Logistics Hub is one component of this port, and this enhancement will help facilitate trade, and be beneficial for Richmond.
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Vancouver, British Columbia, September 23, 2009 – The Honourable Rob Merrifield, Canada’s Minister of State (Transport), today announced funding up to nearly $42 million for 14 Port Metro Vancouver infrastructure projects, under the Infrastructure Stimulus Fund.
The Government of Canada will provide Port Metro Vancouver with up to nearly $21 million from the Infrastructure Stimulus Fund to make important upgrades to the Port’s infrastructure. The Port will invest an identical amount.
“Under the leadership of Prime Minister Stephen Harper, our Government is investing in new port projects today as part of our larger plan to create local jobs, stimulate British Columbia’s economy, and ensure Canada emerges strong from an economic downturn,” said Minister Merrifield. “We are proud to partner with Port Metro Vancouver to get these 14 projects underway, and ensure British Columbia has lasting and durable port infrastructure.”
The 14 infrastructure projects are diverse, ranging from the installation of waterlines to service the Richmond Logistics Hub, to upgrading seismic capacity of three buildings at the Lynnterm Terminal, to upgrading water and storm sewers systems on the south shore to enhance emergency preparedness for south shore terminals in the event of a fire, spill or similar event, to the creation of a Fusion centre to manage the Port’s operations and manage communications to ensure safe, secure and sustainable operations.
“Port Metro Vancouver appreciates the Government of Canada’s commitment to serve the nation’s international trade requirements through this leading gateway,” said Robin Silvester, President and Chief Executive Officer, Port Metro Vancouver. “By matching the Government of Canada’s investment, the Port will help deliver the transportation infrastructure our commercial user’s need, while securing jobs and providing economic value for communities.”
The new federal $4-billion Infrastructure Stimulus Fund provides funding to provincial, territorial and municipal construction-ready infrastructure rehabilitation projects that will be built during this year’s and next year’s construction seasons. Federal funding is conditional on the projects meeting all federal program and environmental requirements and the signing of a contribution agreement.
To date, 210 infrastructure projects in British Columbia will receive a joint federal-provincial investment of $370 million under the Infrastructure Stimulus Fund.
For more information on the Economic Action Plan, please visit: This link will lead you outside the Building Canada website. www.actionplan.gc.ca.
List of Projects:
1. Richmond Properties – No. 8/Blundell Traffic Signal and Rail Crossing Improvements Project
2. Fraser Richmond-North Access Road Services Extension Project
3. Lynn Creek Rail Bridge Addition – Port Metro Vancouver, North Vancouver, North Shore Trade Area
4. South Shore Roadway Upgrade – McGill Overpass
5. North shore – Lynnterm Seismic Upgrade
6. Richmond Logistics Hub – Offsite Waterloop Feeder Loop Project
7. Salter Street Access Road
8. South Shore Water and Sewer Improvements
9. Centerm Shed 1 Seismic Upgrade
10. Port Metro Vancouver Fusion Centre
11. North Arm Marine Facilities Capital Improvements
12. North shore – Access road to Vancouver Drydock
13. Richmond Office Seismic Upgrade
14. Annacis Island Parkway Pavement Renewal
Filed under: News