International Trade Minister

Trade Minister promises last of needed funding to build Ridley railway corridor

International Trade Minister Ed fast announces millions of federal dollars for Ridley Island and hundreds of thousands for Rupert sewers.

The federal Minister of International Trade and the Asia-Pacific Gateway announced that it will be investing $15-million in the port’s Railway Corridor project on Ridley Island.

Fast says that the fast-paced growth of the Port of Prince Rupert and expectations of future demand from China for energy makes the investment in infrastructure that will help to increase capacity at the coal terminal a good idea. Fast says that this will have benefits for the entire country.

“The Asia Pacific Gateway is about all of Canada; its a pan-Canadian strategy . . . Prince Rupert and the Asia-Pacific Gateway part of that strategy are at the forefront of Pacific trade and critical to our country’s long-term prosperity. So the railway corridor project shows our commitment to moving that agenda forward,” said Fast at a gathering in Prince Rupert.

And the money will certainly move the project forward. The $15-million promised by Fast for the corridor represents the last piece of the puzzle when it comes to funding the $90-million project.

Both the Port of Prince Rupert and CN Rail are putting up $30-million each and Christy Clark came to Prince Rupert last September to announce a $15-million investment on behalf of the Province.

The Road Rail Utility Corridor will add two additional tracks to forma a loop around most of Ridley Island as well as another one that branch off from the loop towards the Ridley Terminals building. On top of that electric, road and water utility extensions “to help develop 1000 acres of deep-sea terminals.”

“This project is more important than ever, not only has coal seen record exports out of Canada’s northern gateway, but there is also great potential to increase these shipments and allow for other commodities to be exported,” says Minister Fast.

The CEO of the Prince Rupert Port Authority says the investment shows how Prince Rupert is has become crucial to the country’s future trade opportunities.

“In order for Canada to capitalize on that opportunity (China’s need for energy security), there is going to be a lot of work that is going to be required. There’s going to be a need to develop port infrastructure and ocean infrastructure to meet the demand that coming our way for trade with Asia. The spotlight is on this port and on this community to be the solution for Canadian trade,” says Krusel.

The mayor of the District of Port Edward. Dave MacDonald says that the federal investment is welcome news to him and to his community.

“I think it’s great. We needed the feds on-side and as I always say: anything good for Ridley is good for Port Edward. So I’m looking forward to seeing that shovel in the ground.”

Now that all the funding is lined-up , the port authority says that construction is expected to begin sometime later this year to be completed in 2014.





Just Posted

Police investigating after body found in Terrace

Discovery Friday afternoon near Olson Ave.

Prince Rupert U17s are 2019 Junior All Native Basketball Tournament champs

This year’s tournament held in Kitimat and Kitamaat Village

Grant Lawrence brings stories and songs to Rupert

Luke Wallace, Rachelle van Zanten will support April 13 event as musical guests

Taylor Northcott will help build Arizona State hockey

Prince Rupert hockey star was a Seawolf before moving south for sports school

Northwest mobile unit to help those at heart of mental health, addiction crisis

Province, Northern Health unveils new unit in Terrace to bridge gaps in services

Rumors to hit the Lester Centre stage this Thursday

Prince Rupert community cast and crew present Neil Simon’s two-act comedy from March 21-23

1,300 cruise ship passengers rescued by helicopter amid storm off Norway’s coast

Rescue teams with helicopters and boats were sent to evacuate the cruise ship under extremely difficult circumstances

B.C. university to offer first graduate program on mindfulness in Canada

University of the Fraser Valley says the mostly-online program focuses on self-care and well being

Province announces $18.6 million for B.C. Search and Rescue

The funding, spread over three years, to pay for operations, equipment, and training

Late-season wave of the flu makes its round in B.C.

BC Centre for Disease Control reported 50 per cent jump in flu cases in first weeks of March

Tofino’s housing crisis causing some to seek shelter at the local hospital

Tofino’s housing crisis is pushing the town’s ‘hidden homeless’ population into the forefront.

Sentencing judge in Broncos crash calls for carnage on highways to end

Judge Inez Cardinal sentenced Jaskirat Singh Sidhu to eight years

2 fires in Victoria caused by cigarettes prompts warning from deputy fire chief

Two separate fires caused by cigarette butts were avoidable

Wildlife activists slam B.C. business, clubs for ‘wolf-whacking’ contests

Chilcotin Guns, Creston Valley Rod and Gun Club and West Kootenay Outdoorsmen Club under fire

Most Read