Halifax - The government of Canada has announced a major investment of $47.5 million for two projects that will increase capacity at the Port of Halifax to move Canadian goods to international markets.
The first project will increase storage capacity at the Port of Halifax by connecting the South End Container Terminal to the Fairview Cove Container Terminal by rail. Among other improvements, the Port will add rail tracks within its existing footprint and acquire four new rail-mounted cranes to load and unload containers faster and more efficiently at both terminals.
The second project will upgrade the Windsor Street Exchange, which is the main access road to the Port of Halifax. This work includes realigning the Bedford Highway, upgrading Lady Hammond Road and installing new traffic signals to improve traffic flow. These upgrades will reduce traffic congestion, improve safety and increase the reliability and efficiency of freight movements.
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, funding 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 increase new overseas trade as a result of the investment.
“Our government is investing in Canada’s economy by making improvements to our trade and transportation corridors,” said Canada’s minister of Transport, Marc Garneau.