Today, the Honourable Dwight Ball, Premier of Newfoundland and Labrador, announced a contribution of $850,000 on behalf of the Provincial Government for a project that will increase operational efficiency at the Port of Corner Brook, and will move Canadian goods to international markets.
Gudie Hutchings, Member of Parliament for Long Range Mountains, on behalf of the Honourable Marc Garneau, Minister of Transport, announced a federal investment of $5.5 million for the project. The Corner Brook Port Corporation is contributing approximately $2.3 million, Logistec is providing $1.7 million, and Corner Brook Pulp and Paper will invest $625,000.
A new warehouse will be built to store goods, and a new crane will be acquired and installed to load and unload container ships. This project will allow goods to be shipped directly to international markets, resulting in faster delivery to customers. The project will also reduce greenhouse gas emissions, and enhance productivity and optimize the usage of the port.
These investments are expected to result in important economic and employment benefits for the region by creating an estimated 100 jobs during construction.
The Government of Canada is supporting infrastructure projects that contribute most to Canada’s success in international trade. Trade diversification is a key component of the National Trade Corridors Fund, through projects that; improve the fluidity and performance of the transportation system to increase the value and volume of goods exported from Canada to overseas markets; and, generate new overseas trade as a result of the investment.
Support for this project delivers on commitments of The Way Forward to strengthen the province’s economic foundation. The Way Forward outlines all actions the Provincial Government is taking to achieve a strong, diversified province with a high standard of living, and can be viewed at thewayforward.gov.nl.ca.
“The Port of Corner Brook has become an important shipping hub and is critical to the economy of the region. This project will be a catalyst for increased regional economic activity and overseas trade, and I look forward to the future opportunities that will result from this investment by our government.”
Honourable Dwight Ball
Premier of Newfoundland and Labrador
“Our government is investing in Canada’s economy by making improvements to our trade and transportation corridors. We are supporting projects to efficiently move goods to market and people to their destinations, stimulate economic growth, create quality middle-class jobs, and ensure that Canada’s transportation networks remain competitive and efficient.”
Honourable Marc Garneau
Minister of Transport
“I welcome today’s announcement of a provincial-federal investment towards transportation infrastructure at the Port of Corner Brook as it will generate employment opportunities for the region and secure the future of our province’s natural renewable resources. This contribution will play a major role in Canada’s transportation networks and improve our ability to move product to markets which delivers on our commitment to sustain, grow and diversify all sectors for the benefit of the people of Newfoundland and Labrador.”
Honourable Gerry Byrne
Minister of Fisheries and Land Resources and MHA for Corner Brook
“Transportation and distribution of goods are a vital part of our local, regional and national economies. The investment announced here today will make our transportation system stronger by addressing urgent capacity constraints at the Port of Corner Brook and fostering long-term prosperity for our community.”
Member of Parliament for Long Range Mountains
“This investment demonstrates the commitment for continued economic growth of western Newfoundland. The additional port infrastructure will allow Port of Corner Brook to expand its services through export opportunities which have the potential to make a significant impact on the regional economy”.
Chief Executive Officer, Corner Brook Port Corporation
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Port of Corner Brook
Office of the Premier
Office of the Honourable Marc Garneau
Minister of Transport, Ottawa
Transport Canada, Ottawa