Skip to main content

Canada invests in new Asia-Pacific Gateway transportation infrastructure projects

The Canadian government has announced an investment of approximately US$12 million for nine Asia-Pacific Gateway transportation infrastructure projects in British Columbia that support Asia-Pacific trade and boost the competitive advantages of Canada's Asia-Pacific Gateway. These new projects will create jobs and economic growth by reducing bottlenecks, addressing capacity issues and enhancing the efficiency of the transportation system in moving goods, services and people to and from the fast-growing As
July 30, 2015 Read time: 2 mins
The Canadian government has announced an investment of approximately US$12 million for nine Asia-Pacific Gateway transportation infrastructure projects in British Columbia that support Asia-Pacific trade and boost the competitive advantages of Canada's Asia-Pacific Gateway.

These new projects will create jobs and economic growth by reducing bottlenecks, addressing capacity issues and enhancing the efficiency of the transportation system in moving goods, services and people to and from the fast-growing Asia-Pacific economies.

Canada's Asia-Pacific Gateway is a seamless network of seaports, airports, railways, roadways and border crossings that reaches across Western Canada.

The projects selected to receive funding from the Asia-Pacific Gateway and Corridor Transportation Infrastructure Fund (APGCTIF) include road and rail improvements, truck staging projects, an inter-regional commercial corridor travel time system, railway information crossing system and a truck route study.

Announcing the funding, the Honourable Lisa Raitt, Minister of Transport, said: "The Harper government is committed to helping our exporters reach fast-growing Asia-Pacific markets. These projects will help create jobs and economic growth in local communities and ensure that the Asia-Pacific Gateway remains North America's gateway of choice to Asia." 

Related Content

  • Rating agency Standard and Poor Tolling sees a bright future for tolling
    September 6, 2017
    Few disruptions appear on the horizon for global toll road operators, with the US poised to become a better bet for major investment, according to ratings agency Standard and Poor’s (S&P’s) Global Ratings’ 2017 report, which rates toll road operators according to their ability to raise capital. The outlook is generally stable for business conditions and credit quality for toll roads worldwide. One positive exception is the US where the overall outlook is ‘positive’ as S&P expects traffic growth to increase
  • New Port Mann Bridge opens to eight lanes of traffic
    December 6, 2012
    Canada’s British Columbia (BC) government is delivering on its commitment to reduce congestion along the province’s busiest transportation corridor, with the opening of the new Port Mann Bridge to eight lanes of traffic, which cuts commute times and allows for the first regular transit service across the bridge in twenty-five years. This is the largest transportation project in BC history and completes the first and largest phase of the Port Mann/Highway 1 Improvement Project, which includes highway widenin
  • IMF: Time is right for an infrastructure push
    October 6, 2014
    A new study published in the International Monetary Fund’s (IMF) World Economic Outlook suggests there is a strong case for advanced economies to take advantage of low borrowing costs to increase spending on key infrastructure projects. The study examines the effects of public investment in a large number of countries; it claims that many advanced economies are stuck in a low growth and high unemployment environment and borrowing costs are low. The report says ‘an increase in infrastructure investmen
  • Funding announced for next stage of Bristol rapid bus network
    January 21, 2015
    A pioneering bus scheme in Bristol will be more than doubled thanks to a huge US$41 million grant from the government, UK Transport Minister Baroness Kramer has announced. The MetroBus network uses dedicated busways to provide new express bus services into the city. The infrastructure will also boost existing bus services, which can use the busways to beat congestion. The new money will support the second phase of the Bristol MetroBus scheme and see the construction of another 3.1 miles of busways in th