Canada to Fund Short Sea Shipping Project
The Honorable Peter Van Loan, Leader of the Government in the House of Commons, on behalf of the Honorable Ed Fast, Canada’s Minister of International Trade and Minister for the Asia-Pacific Gateway, Dr. James Lunney, Member of Parliament for Nanaimo—Alberni, and Mr. Robert Bennie, Chair of Nanaimo Port Authority, today announced funding for a short sea shipping project in British Columbia, further bolstering Canada’s Asia-Pacific Gateway and Corridor Initiative (APGCI).
Under APGCI, Canada’s government is contributing up to $4.65 million to modernize the Nanaimo Assembly Wharf area and rehabilitate an aging dock that has not been active for over 10 years due to its condition.
Short sea shipping is a multimodal concept. It involves the marine transportation of passengers and goods that takes place within and between Canada and the rest of North America, helping to create jobs, growth and prosperity in local communities.
The APGCI is a key element of the Government of Canada’s pro-trade plan to open new markets that increase Canadian exports and create jobs and prosperity. The federal government has invested $1.4 billion in infrastructure projects worth $3.5 billion in partnership with the four western provinces, municipalities and the private sector.