Canada has announced a $23M investment in railway projects to enhance infrastructure and trade. Six key projects in Alberta and British Columbia receive funding under the National Trade Corridors Fund. This was reported by the railway transport news portal Railway Supply.

Canada has announced a $23M investment in railway projects to enhance infrastructure and trade. Six key projects in Alberta and British Columbia receive funding under the National Trade Corridors Fund.
The Battle River Railway Upgrade project is set to benefit from a C$5.7m ($4.01m) investment by Battle River Railway NGC. Credit: Boxcar Media/Shutterstock.

Canada Strengthens Rail Network with $23M Investment

The federal government commits C$33.1M to modernize rail transport, boosting economic growth nationwide. These initiatives will improve freight movement, reduce delays, and enhance supply chain stability.

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The National Trade Corridors Fund (NTCF) allocates resources based on project viability and economic benefits. This merit-based system supports infrastructure owners and users in strengthening transportation networks.

Canadian National Railway receives C$10M for the Jaleslie Siding Extension to streamline freight transport. This upgrade will improve train fluidity between Kamloops and the Port of Vancouver.

NSD Development Corporation secures C$6.2M to establish a multi-commodity inland port in Terrace, BC. This facility enhances intermodal connectivity, optimizing freight handling in Northwestern British Columbia.

Canada Invests in Infrastructure to Improve Supply Chains

Battle River Railway receives C$5.7M to upgrade bridges and expand the railway network in Alberta. Enhancements will increase capacity, reduce logistical barriers, and support industrial development.

Richardson International secures C$5M to expand the North Shore Railyard in North Vancouver. This project introduces 15 new storage tracks, restructures lines, and modernizes key infrastructure.

Quasar Platform gains C$3.5M to digitize rail logistics, improving cargo tracking with real-time GPS sensors. The initiative ensures seamless data integration, boosting supply chain efficiency across Canada.

IntermodeX Logistics receives C$2.7M for expanding transloading facilities at the Port of Prince Rupert. This project optimizes container handling, reducing congestion and enhancing trade operations.

Transport Minister Anita Anand emphasizes that infrastructure investments drive economic resilience. These projects strengthen trade corridors, improving affordability and efficiency for businesses.

The federal government recently allocated C$43M to sustain passenger rail services in remote regions. This funding ensures transportation access where rail remains the only viable travel option.

Source: www.railway-technology.com

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