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[The Canadian government promotes the improvement of port throughput capacity to reduce export dependence on the United States] October 31st, the Canadian federal government announced on October 30 that the Roberts Beach Pier 2 project in the Port of Vancouver, the country’s largest port, has been officially listed as a national interest project. This move aims to promote the improvement of port throughput capacity to promote trade diversification and reduce export dependence on the United States. According to a press release issued by Transport Canada that day, the project plans to strengthen trade infrastructure construction, reduce dependence on the U.S. market, and promote the goal of doubling exports to the non-U.S. market by 2035. According to a press release, the project plans to invest 5.9 billion Canadian dollars (approximately 4.2 billion U.S. dollars) to increase the container throughput capacity of the Port of Vancouver by approximately 50%, adding 2.4 million container handling capacity per year, and supporting an annual trade volume of up to 100 billion Canadian dollars. The Canadian Department of Transportation stated that classifying it as a project of national interest will provide certainty for subsequent regulatory approvals, thereby advancing the project's commercial operation time to 2035, which is up to four years shorter than the original plan.
Infrastructure investment 🕐 2026-10-31 17:04

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