Public and private funding totaling $25 billion will be invested over the next eight years in British Columbia (B.C.) infrastructure to sustain and increase the province’s trade with Asia. The province’s ports and Canadian railways move goods from Asia into the U.S. Midwest as well as Canada.
In Washington state, British Columbia’s trading partner and competitor, the legislature earlier this year rejected a $3.68 billion, two-year transportation improvement proposal and enacted a $187 million two-year spending plan. That $3.68 billion proposal had been pared down from a $21 billion, ten-year transportation recommendation from a blue ribbon committee. And that was pared down from the committee’s finding that the ten-year need is closer to $50 billion.
In Washington D.C., about $5 billion of port infrastructure improvement funds sit unallocated by the White House and Congress (“Feds Sit On $5 billion While Harbor Maintenance Needs Go Unmet”).