Monday, June 7, 2010

Government of Canada Invests in the Port of Montreal and in Job Creation

(Marketwire)

The Honourable Denis Lebel, Minister of State for the Economic Development Agency of Canada for the Regions of Quebec and Member of Parliament for Roberval–Lac-Saint-Jean, today announced that the Government of Canada will contribute to the economic vitality of Canada and Quebec by investing in a major project to optimize infrastructure at the Port of Montreal.

This investment of over $10 million will be used to maximize capacity of the Cast Terminal to better meet the needs of marine carriers that use the Port of Montreal.

The Government of Canada will provide up to $5.1 million for this project under the Infrastructure Stimulus Fund. The Montreal Port Authority will cover the remaining costs of the project. Read more here.