The Port of Montreal will benefit from a C$32M investment to improve gate fluidity.
Through its National Trade Corridors Fund the Government of Canada is allocating C$18.5M to the Montreal Port Authority (MPA) for a $37 million project to increase freight mobility. The MPA will also be investing $18.5 million in the project.
The project is a mix of infrastructure and smart technology to better control the flow of trucks through the port’s terminals.
The four components are:
"This morning’s announcement is exciting because the project 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 MPA.
The Port of Montreal also stands to benefit from C$600,000 in funding has been awarded to the Université de Montréal to assess the effects of climate change on the Port of Montreal’s infrastructure. “This research project could very well contribute to strengthening the sustainability of the port system and building its resilience to natural hazards,” the port noted.