QSA's Week in Freight & Ports (#7, 2024)
Bécancour Port to receive $330M investment; CBSA adjusts border hours; Coast Guard closes rescue stations; Railway cargo volumes dip.
Start Date: 2024-11-16
End Date: 2024-11-22
Top Headlines
Main Stories
Major Investment Announced for Bécancour Port
On November 18, 2024, Transport Canada announced a federal investment of $163.8 million in Bécancour Port and Industrial Park, in collaboration with the Quebec government. This investment is part of a broader $327.6 million project aimed at refurbishing and expanding the port infrastructure to enhance storage capacity and port access. These improvements are expected to reduce congestion and support the growth of new industries, particularly in the battery and green technology sectors. This strategic initiative positions Bécancour as a critical hub for battery production, supporting Canada's energy transition and job creation in the Mauricie region.
Sources: ['Announcements: www.canada.ca']