Canada announces major port investments to improve efficiencies

In an official statement on 12 August, the government announced $33 million for the Saguenay Port, on the country’s west coast, aiming to enhance the performance and functions of facilities at the port, help increase handling capacity and reduce bottlenecks in daily operations.

The major investment comes as part of the National Trade Corridors Fund and involves installing an electric mechanized transport system—also known as a conveyor—to transport bulk materials at the Saguenay Port site. The system will be used to move materials back and forth between the industrial port zone and ships docked at the Grande-Anse Marine Terminal. This system will support the loading and unloading of materials, and will be accessible for current and future port users who may build processing plants on the Saguenay Port property.

This major contribution from the Government of Canada will allow the Port of Saguenay to electrify its bulk cargo transshipment operations and become even more competitive. This strategic infrastructure for Quebec supports the port in its mission to promote trade and highlights the great importance of the Saguenay waterway for Canada,

…noted Stéphane Bédard, Chairman of the Board of Directors of the Port of Saguenay.