The Montreal Port Authority welcomes the Government of Canada’s financial support for a project to increase containerized grain handling capacity
Communiqué de presse
Montreal, October 18, 2024 — The Montreal Port Authority (MPA) is delighted with the financial support of $12.5 million announced this morning by the Government of Canada, as part of the National Trade Corridors Fund (NTCF), for a project to redevelop and upgrade the grain containerization sector at the Port of Montreal.
Worth a total of $25 million, this project will increase and optimize operational space, and increase container storage capacity by 20% at the terminal operated by DG CanEst Transit Inc., which specializes in exporting containerized grain via the Port of Montreal to international markets. Over the past ten years, this sector has grown by 78% at the Port of Montreal, making it one of the most prolific.
“I would like to thank Transport Canada for its contribution to this important project, which will enable us to increase the capacity and efficiency of containerized grain handling, so as to better serve local producers and enable them to increase their exports to high-value-added niche markets via the Port of Montreal, to the benefit of companies, the supply chain and the Canadian and Quebec economy,” said Julie Gascon, President and CEO of APM.
The financing announced today complements a project by DG CanEst Transit Inc., which had itself received financial support in 2022 to upgrade its existing infrastructure and purchase new equipment for its facilities.
The project will open the door to new export opportunities to markets in Asia, the Mediterranean, Northern Europe, the Middle East, Latin America and Africa.
The project’s main milestones are
- Commissioning of the electrical substation
- Demolition of the old electrical substation
- Work on the CanEst courtyard and rainwater outlet
- Refurbishment of level crossing
- Work in Port of Montreal Workshop 42 yard
The Port of Montreal is a major hub for grain handling. In addition to the containerized grain facility operated by DG CanEst Transit Inc. there is also a large bulk grain elevator operated by Viterra. Every year, millions of tonnes of grain pass through the Port of Montreal via these two infrastructures.
Exploité par l’Administration portuaire de Montréal (APM), le Port de Montréal est le plus important port à conteneurs dans l'est du Canada et un centre de transbordement diversifié qui traite tous les types de marchandises : conteneurisées et non conteneurisées, vrac liquide et vrac solide. Seul port à conteneurs au Québec, il est un port de destination desservi par les plus grandes lignes maritimes au monde. Il est également une plaque tournante intermodale, dont l’offre de service est unique en Amérique du Nord, qui possède son propre réseau de chemin de fer directement sur les quais, relié aux deux réseaux ferroviaires pancanadiens. L’APM exploite aussi un terminal de croisières et un centre d’interprétation portuaire. L’APM intègre les volets économique, social et environnemental dans ses démarches d’entreprise. Cet engagement est encadré dans une politique de développement durable, dont les principes directeurs visent l’implication, la coopération et la transparence. L’activité portuaire soutient quelque 590 000 emplois et près de 93,5 milliards d’activités économiques au Canada.À propos du Port de Montréal
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