Funding for Vancouver's South Shore Trade Area, October 13, 2009

Prime Minister Steven Harper announced funding to enhance Vancouver’s South Shore Trade Area, an investment that will improve rail, port and trucking operations, as well as create jobs for the Greater Vancouver region and help to increase mobility throughout the city. 

The project is expected to improve the sustainability of moving good and the future Portside Greenway for cyclists and pedestrians.

"Vancouver is Canada’s gateway for Asia Pacific trade, and rail transport plays a vital role in the efficient delivery of goods to and from the rest of the country and throughout North America," said Vancouver Mayor Gregor Robertson.

"By increasing rail capacity, we're promoting job creation and at the same time providing a transport option that is better for our environment than relying on large trucks. Eliminating the busy at-grade rail/road crossing at Powell street makes sense as we balance our environmental goals while supporting our local economy."

The City is committing up to $7.5 million (15%) of the $50 million required for this project and is pursuing cost-sharing with Translink to further reduce the cost.

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