“I firmly believe that Niagara Centre’s designation as a Foreign Trade Zone, combined with our Gateway incentives, creates an environment that perfectly aligns with the Minister’s vision for a ‘Trade and Transportation Corridor’.” – Niagara Centre Riding MP Vance Badawey
News from the Niagara Centre Riding constituency office of Liberal MP Vance Badawey
Posted July 5th, 2017 on Niagara At Large
(A Brief Foreword Note from NAL publisher Doug Draper – This initiative may face at least one problem Canada has little control over. Trump doesn’t seem much interested in a future trade relationship with Canada.)
This July 4th, Canada’s Minister of Transport, Marc Garneau, unveiled details of the Government’s new Trade and Transportation Corridors Initiative, which seeks to increase the efficiency of Canada’s transportation systems in order to ensure that goods are better able to reach domestic and international markets.
- $2.1 billion dollars will be invested in order to support the government’s plans. This includes:
- $2 billion over 11 years, to develop a National Trade Corridors Fund. This merit-based program is geared towards strengthening the efficiency and reliability of Canada’s trade corridors in order to best get people and goods to market.
- $50 million directed towards establishing a Trade and Transport Information System. Working with Statistics Canada, public, and private partners, increase data collection will allow for sound scientific-based decision making in order to streamline all modes of transportation.
- $50 million towards the adoption of autonomous vehicles and unmanned air vehicles (UAVs), in particular the development of regulations and standards which will ensure that these new technologies are developed and implemented with the highest degree of safety.
Today’s announcement includes a preliminary call for “expression of interest projects” under the National Trade Corridors Fund.
Organizations interested in applying must submit their applications by September 5, 2017. For additional information, please see the backgrounder at the link below.
“Minister Garneau has unveiled an inspiring and forward-thinking plan which will benefit current and future generations of Canadians. Canada’s, and Niagara’s, economic success has, and always will be, inextricably linked to the success of our multi-modal transportation system. To maximize success, products and people must reach their destinations quickly, efficiently, and sustainably, avoiding cost-inducing delays and bottlenecks.
I firmly believe that Niagara Centre’s designation as a Foreign Trade Zone, combined with our Gateway incentives, creates an environment that perfectly aligns with the Minister’s vision for a ‘Trade and Transportation Corridor’.
In addition, thanks to our location as a border community, we in Niagara have built strong economic and trade ties with the United States and are uniquely positioned to make this initiative a success. I will continue to work with our municipal and private-sector partners in order to build on our existing strengths in order to further develop a ‘Trade and Transportation Corridor’ integrated strategy that would align our multi-modal network.”
Member of Parliament for Niagara Centre
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