TRAN March 21, 2024, Briefing on Infrastructure in Canada

4. NTCF Summary

NATIONAL TRADE CORRIDORS FUND  

  • 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.  

  • 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 

  • 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. 

  • 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. 

  • 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 

  • The Government has committed $4.1 billion in funding for 213 projects across the country, leveraging total investments of approximately $10.5 billion. 

  • To date, 36 National Trade Corridors Fund supported projects have been completed. 

  • 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 

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 

28,553,674 

10,276,650 

Nova Scotia 

14 

775,361,844 

248,355,149 

Northwest Territories 

504,738,540 

220,752,440 

Nunavut 

304,187,317 

220,211,763 

Ontario 

30 

925,872,093 

411,451,359 

Prince Edward Island 

18,231,715 

8,100,000 

Quebec 

40 

2,953,584,759 

848,416,399 

Saskatchewan 

10 

299,250,640 

141,363,656 

Yukon 

700,027,690 

449,767,895 

Total 

213 

10,489,950,149 

4,071,976,034 

  • 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