TRADING WITH THE WORLD

 

December 6, 2019
IN THE NEWS
 

Public meeting on the proposed road link in the Viau Terminal sector

Yesterday, Thursday, December 5, the Montreal Port Authority (MPA) held a public meeting on its proposed road link in the Viau Terminal sector.

Organized to present the preliminary results of the Environmental Effects Evaluation along with the proposed design, the meeting was attended by 50 area locals, who came to learn more about the project. The MPA’s Environment, Infrastructure Management and Community Relations teams were there to provide explanations and answer questions.

The MPA’s objective is to build an overpass across Notre-Dame Street to the future extension of Assomption Blvd., connecting port terminals directly to the highway network for better traffic flow and reducing truck traffic on Notre-Dame Street.

You can learn more about the main phases of the project at https://www.port-montreal.com/en/road-link.html.

In brief
 

Canada Infrastructure Bank is investing $300 million in the Contrecœur terminal project


Pierre Lavallée, President and CEO of Canada Infrastructure Bank, Sylvie Vachon, President and CEO of the Montreal Port Authority, and Marc Garneau, Canada's Minister of Transport

The Contrecœur terminal project reached a milestone on Wednesday, December 4, with the announcement of $300 million in financial support from the Canada Infrastructure Bank (CIB).

The Port of Montreal applauds the CIB’s strong message to potential investors and project stakeholders expressing its confidence in the viability, soundness and relevance of the Contrecœur port terminal at both regional and national levels.    

On the same day, Sylvie Vachon, President and CEO of the Montreal Port Authority, was guest speaker at a business luncheon organized by the Montreal Council on Foreign Relations (MCFR) at the Westin Montreal. This lecture was an opportunity to explain the project’s current status in detail and to put it in the historical perspective of the container market’s nonstop growth over more than half a century.   

Read the press release on the CIB’s investment here.

 

The Port of Montreal is releasing a new video on its Contrecœur terminal project

Why does the Port of Montreal want to build a new container terminal in Contrecœur? What benefits will this bring to the business community and the companies located in the sector?

Key business and supply chain players explain the project’s importance to the economy of Greater Montreal and Eastern Canada in a new video released by the Port of Montreal.

It completes the series launched early last fall featuring four video clips that aim to raise awareness of the Port of Montreal’s impact on the regional and national economy.

Check out the video here.

Screen all the clips in the series, covering the themes of economic impact, innovation and collaboration here.