- Transport Canada recognizes the importance of transportation infrastructure investments in the short and medium term and the role these investments play in supporting the overall fluidity and of Canada’s supply chains while ensuring resiliency to a changing climate.
- The Government of Canada has invested $65.7M in two Montreal Port Authority (MPA) trade diversification infrastructure projects two supply chain projects to enhance port capacity under the National Trade Corridor Fund (NTCF).
- These projects are part of the Port of Montreal's strategy to ensure its growth and competitiveness by contributing to improved infrastructure and operational efficiency as well as improve the fluidity of Canada's supply chains by increasing the port’s export capacity.
SUPPLEMENTARY MESSAGES
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SUPPORTING FACTS AND FIGURES
Contrecoeur:
- The Contrecoeur project would add 1.15M TEUs of capacity to the terminal.
- In 2019, the Canada Infrastructure Bank (CIB) announced it would invest up to $300 million into the project.
- The Government of Quebec has committed $130 million; $55 million committed in 2021 and a further $75 million in 2023.
Montreal Port Authority (MPA) funding:
- The MPA has received funding $65.7M under the NTCF the four following projects:
- Optimisation du réseau intermodal - $24.7M
- Déploiement de mesures intermodales pour accroître la mobilité - $18.5M
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BACKGROUND
- The Montreal Port Authority (MPA) is the largest port on Canada's East Coast. Its strategic location, 1,600 kilometers inland, makes it a unique commercial hub that provides access to 110 million consumers within 48 to 72 hours in Quebec, Ontario and the Midwestern United States.
- The Port handles goods worth more than $100 billion each year at its facilities. Port volumes: The MPA has 4 international container terminals, which in 2022 handled 14.8 million tonnes (or 1.72 TEUs) of containerized goods. This was a 1.2% year-to-year increase in tonnage handling and included imports from across North America, Europe, Asia and the Mediterranean.
- Over the past decade (2011-2019), the overall volume of containerized cargo that passed through the Port has increased by an average of 4.5% per year. Within five years, the Port will reach 90% of its capacity, which is equivalent to having full container handling facilities.
- The Port is planning to build the new Contrecoeur Terminal with an annual capacity of 1.15 million containers which represents an increase in container handling capacity of close to 60%.
- The project would include the construction of two berths, a container handling area, an intermodal marshalling yard, a truck gate, and secondary facilities to support the terminal.
- In 2019, the Canada Infrastructure Bank (CIB) announced it would invest up to $300 million into the project and to date, the Government of Quebec has committed $130 million; $55 million committed in 2021 and a further $75 million in 2023.
- For the Contrecoeur project, [ Redacted ] However, since 2017, the NTCF program has committed $65.7 million in federal funding to trade-supporting infrastructure projects that aim to improve the capacity, efficiency, and fluidity of the Port of Montreal. This funding is leveraging [ Redacted ] in total project investments by all project partners.
- In 2020, the port launched a procurement process which sought qualification from domestic companies, which was canceled to allow for a broadened scope of possible investors.
- In November 2021, the port relaunched its competitive process, which was expanded to both domestic and international firms. The port chose to adopt a design, build, finance, operate and maintain model which transfers a larger portion of the risk to the private partner. In May 2022, the port announced the selection of the top three qualified bid respondents, which were:
- A Canadian Partnership between Axium Infrastructure Canada
- Canadian owned Ports America Holdings
- Swiss-based Terminal Investment Limited
- The qualified bidders will be invited to submit their final project proposals in 2023.
- These proposals will be evaluated by the port to determine which private partner will be selected to undertake the project.