Transport Canada to Invest C$5MM in New Transload FacilityWritten by Carolina Worrell, Senior Editor
The government of Canada will invest nearly C$5 million in funding under the National Trade Corridors National Trade Corridors Fund for the Building Capacity in Canada’s Steel Supply Chain project, Transport Canada announced on Nov. 9. The approximately $10 million project, which will be undertaken by the Hamilton-Oshawa Port Authority (HOPA), will “relieve supply chain congestion at the Port of Hamilton.”
According to Transport Canada, with this investment, HOPA will be able to enhance the transfer of steel products between various vehicles at the Port. By creating new interconnections between marine, rail and road, this project will “increase the efficiency and the resiliency of the supply chain in the region,” Transport Canada added.
The contribution is part of a $9.8 million HOPA-led project to enhance the transfer of steel products between various transportation modes at the port. The project includes the construction of a new, 20,000 m2 rail transload facility at Pier 15, designed specifically for the handling of steel products. By creating new interconnections between marine, rail and road, this project, HOPA says, will “increase the efficiency and the resiliency of the supply chain in the region for the construction and manufacturing sectors.” When completed, the facility will add more than 100,000MT of new steel handling capacity at the Port of Hamilton and enable a shift in trade flows from truck to rail, reducing carbon emissions associated with long-distance truck transportation of steel products.
The government of Canada, Transport Canada says, is investing in efficient trade corridors to help Canada compete in key global markets, trade more efficiently with international partners, and keep supply chains competitive. “It represents a long-term commitment to work with stakeholders on strategic infrastructure projects to address transportation bottlenecks, vulnerabilities and congestion along Canada’s trade corridors,” according to the organization.
“Today’s announcement at the Port of Hamilton will help maintain the competitiveness, resilience and fluidity of our supply chain. It will also help build an economy that works for everyone, while creating good jobs,” said Minister of Transport Omar Alghabra.
“As the largest port in Ontario, the Port of Hamilton is the key supply chain gateway for steel and other essential goods that feed the region’s economy,” said HOPA President and CEO Ian Hamilton. “This investment will help to ensure a reliable supply of steel necessary for residential and civil construction projects and for Ontario manufacturers.”
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