NATIONAL TRADE CORRIDORS FUND
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The National Trade Corridors Fund is a $4.3 billion trade-enabling infrastructure program that helps infrastructure owners and users to invest in the critical assets that support economic activity and the physical movement of goods and people in Canada.
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To date, the Government of Canada has committed $4.1 billion in federal funding for 213 projects across the country, leveraging total investments of approximately $10.5 billion.
SUPPLEMENTARY MESSAGES
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The National Trade Corridors Fund is a competitive, merit-based program that helps fund projects and activities that strengthen the efficiency and resilience of national trade corridors.
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The Government of Canada is committed to ensuring that our supply chains are efficient and reliable to help create middle-class jobs and help build an economy that works for everyone, as well as to ensure that Canadians have timely access to affordable goods.
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Through the National Trade Corridors Fund, Transport Canada is supporting improvements to Canada’s roads, rail, air, and marine shipping routes to foster domestic and international trade.
UPDATE
Since the program’s launch in 2017, the National Trade Corridors Fund program has completed seven calls for project proposals: First National, Northern, Continuous, Arctic and Northern, Increasing the Fluidity of Canada’s Supply Chains, Relieving Supply Chain Congestion at Canadian Ports and Advancing Supply Chain Digitalization.
SUPPORTING FACTS AND FIGURES
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The Government has committed $4.1 billion in funding for 213 projects across the country, leveraging total investments of approximately $10.5 billion.
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To date, 36 National Trade Corridors Fund supported projects have been completed.
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Approved project counts and investments by province are as follows:
Province |
Project Count |
Total Project Cost $ |
Total Federal Contribution $ |
---|---|---|---|
Alberta |
12 |
937,479,912 |
285,033,830 |
British Columbia |
52 |
2,256,635,963 |
944,541,263 |
Manitoba |
5 |
363,340,747 |
87,443,362 |
New Brunswick |
12 |
261,393,159 |
129,824,579 |
Newfoundland and Labrador |
11 |
161,292,096 |
66,437,689 |
North |
4 |
28,553,674 |
10,276,650 |
Nova Scotia |
14 |
775,361,844 |
248,355,149 |
Northwest Territories |
9 |
504,738,540 |
220,752,440 |
Nunavut |
8 |
304,187,317 |
220,211,763 |
Ontario |
30 |
925,872,093 |
411,451,359 |
Prince Edward Island |
1 |
18,231,715 |
8,100,000 |
Quebec |
40 |
2,953,584,759 |
848,416,399 |
Saskatchewan |
10 |
299,250,640 |
141,363,656 |
Yukon |
5 |
700,027,690 |
449,767,895 |
Total |
213 |
10,489,950,149 |
4,071,976,034 |
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Approved project counts and investments by mode are as follows:
Mode |
Project Count |
Total Project Cost $ |
Total Federal Contribution $ |
---|---|---|---|
Air |
36 |
1,966,714,358 |
940,573,328 |
Marine |
60 |
1,789,940,367 |
830,874,480 |
Multimodal |
32 |
2,298,281,035 |
547,584,814 |
Rail |
43 |
2,051,560,953 |
742,078,312 |
Road |
42 |
2,383,453,436 |
1,010,865,100 |
Total |
213 |
10,489,950,149 |
4,071,976,034 |