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

There’s a new face (and hat) at The Northern View

A bit about the View’s spring intern, the stories he likes to write and what he thinks of Rupert

Why We Relay: Jacob Gordon will Relay for Life until he can’t anymore

The young relayer wants to carry forth his step-mother’s perseverance to find a cure for cancer

Winter road maintenance standards boosted

Quicker response times to be implemented

Web Poll: Should B.C. have the same Family Day as the rest of Canada?

B.C. government to move the February holiday from the second week to the third week

Indigenous language app launched in Northern B.C.

Learning Sm’algyax with the help of a new website in Prince Rupert

This Week Podcast — Episode 81

Learn more about the North Coast Health Improvment Society’s aim to upgrade the cancer care unit

How to keep local news visible in your Facebook feed

Facebook has changed the news feed to emphasize personal connections. You might see less news.

B.C. towns rank in top honeymoon destination worldwide

Vernon, Kaslo, Sunshine Coast and the Island hit Expedia.ca’s list of top 18 honeymoon destinations

Olympic gold now official for B.C. weightlifter

Christine Girard’s bronze medal from 2012 Olympics upgraded to gold, IOC announces

Men arrested at Starbucks say they feared for their lives

Rashon Nelson and Donte Robinson were arrested in a Philadelphia Starbucks, becoming viral video

Did a Canadian shoot down the Red Baron? A century later, debate hasn’t quit

Om April 21, 1918 two Canadians in their canvas-covered Sopwith Camel biplanes engaged the enemy

VIDEO: Canadian teen lands invite to Royal wedding

Prince Harry and Meghan Markle have invited Faith Dickinson, founder of Cuddles for Cancer

B.C. liquor server wage to be phased out by 2021

Piece work pay for farm workers rises, but stays in place for now

Vancouver Whitecaps sign 16-year-old B.C. player

Grade 10 student from Langley joins MLS club

Most Read