The project is being funded jointly by Governments of Canada and BC, which have contributed 15-million dollars — and by CN Rail and the Port Authority, which have each committed to 30-million dollars.
Friday marked a groundbreaking launch of construction of the port’s 90-million dollar Road, Rail and Utility Corridor project — which is expected to support billions in new terminal developments.
“Developments like this are absolutly critical for our trade as a province, but also as we lead Canada we are the pacific gateway in BC, we lead Canada in Asian Pacific Trade.”- Mary Polak, Minister of Transportation
The first phase of the project is expected to be completed in December of 2014.