Canada’s ports welcome Garneau’s transportation framework
The Association of Canadian Port Authorities (ACPA) welcomed the overall approach, as well as the enhanced support for infrastructure, trade corridors and green technology laid out in “Transportation 2030,” Minister Marc Garneau’s vision for the future of the transportation system in Canada.
“Transportation infrastructure, such as ports, are key enablers for sustainable economic development and the government’s pledge to invest an additional C$81 billion—including C$10.1 billion in trade-enabling infrastructure—is a major opportunity to build for the future,” said Wendy Zatylny, President of ACPA. “Although there are many details to be filled in, this is very much a good foundation to work from.”
The association also recognized the government’s commitment to the idea that a clean marine environment and a strong economy go hand in hand. Noted Zatylny, “ACPA members have long been actively engaged in environmental protection and sustainable transportation initiatives and welcome the opportunity to build upon this base.”
For ports to fully leverage the funding and the announced Canada Infrastructure Bank, it is vital that a national transportation strategy be developed that recognizes the value of small and large projects, inland as well as tri-coastal transportation, and trade corridors that span the country. An ACPA – Transport Canada1 study of port infrastructure requirements found a capital investment requirement of C$5.8 billion to meet growing demand. Of this, C$1.9 billion (or 33 percent) is related to the rehabilitation of existing port assets. Public funding of strategic port infrastructure is critical to assist in maximizing Canada’s economic output.
“Ports can continue to be powerful trade enablers for Canada, but to do so we have to be flexible and able to adapt to changing market forces. Measures such as the removal of barriers to financial flexibility would empower port authorities to pursue trade-related opportunities and reduce current restrictions that may serve as obstacles to growth. We live in a highly competitive world and it is critical that Canada has the policies in place to ensure we are able to maintain continued growth and prosperity,” Zatylny said. “We look forward to working with Minister Garneau and his colleagues to make this a reality.”