Canada's Economic Action Plan

Canada's Economic Action Plan

October 14, 2010 13:47 ET

Government of Canada Contributes to Development of the Port of Saguenay and the Creation of Jobs

SAGUENAY, QUEBEC--(Marketwire - Oct. 14, 2010) - The Honourable Jean-Pierre Blackburn, Minister of Veterans Affairs, Minister of State (Agriculture) and MP for Jonquière-Alma, today announced that the Government of Canada will be contributing to the economic vitality of Canada and Quebec by providing financial assistance for a major infrastructure project in the Port of Saguenay.

The $4.7 million plus project involves development of land to be used for the Saguenay Intermodal Marine Industrial Park at Grande Anse, in response to the expectations of maritime carriers using the Port of Saguenay.

The Government of Canada will provide up to $2.36 million for this project under the Infrastructure Stimulus Fund, with the remaining funding being provided by the Saguenay Port Authority.

"With this Infrastructure Stimulus Fund contribution in the Port of Saguenay, we are investing in the economic future of the Saguenay Region, of Quebec and of Canada," said Minister Blackburn. Supporting Port of Saguenay projects creates jobs for people here, helps businesses shipping and receiving cargo through the Port to become more competitive, and is just one more example of what our government is doing to stimulate our economy and secure a better future for us all."

"The announcement of the undertaking of this project is meant to be the first step in the development of the intermodal maritime industrial park of Grande-Anse," declared Ghislain Harvey, President of the Saguenay Port Authority. "This is the most important investment in Grande-Anse since the construction of the terminal in the mid-1980s and it is part of the continuum of the Authority's business plan for supporting its growth and have intermodal infrastructure in the future."

The development project will create additional storage space for users of the Port. The work will also involve the creation of industrial lots south of the highway, so that businesses can place themselves strategically to make the most of the comprehensive intermodal services offered on site. The project will enable future users to set up business near the port facilities, thus increasing port activity. This optimization of the facilities will make the Port of Saguenay more competitive and enhance its capacity to contribute to the local economy, while ensuring the growth and sustainability of existing facilities.

The $4-billion Infrastructure Stimulus Fund, announced in the Government of Canada's Economic Action Plan, targets projects that can be completed by March 31, 2011. To date, the Government of Canada has committed over $121 million from the Fund to 32 commercial port projects in Canada, including $55.1 million for 12 projects in Quebec.

The Saguenay Port is the only public port serving the region of Saguenay-Lac-Saint-Jean. Every year between 300,000 and 500,000 metric tones of merchandise transits through the region, thus providing an important contribution to the economy of Quebec and Canada. The Saguenay Port Authority aims to develop its infrastructure in order to offer its users the strategic advantages of proximity to harbour facilities, while benefiting from the possibilities of intermodal transport.

For additional information on Canada's Economic Action Plan, see the Web site at

For more information on investment in infrastructure, visit


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Contact Information

  • Office of the Minister of Transport,
    Infrastructure and Communities of Canada
    Jacques Fauteux
    Director, Policy and Communications
    Infrastructure Canada
    Toll free: 1-877-250-7154
    Saguenay Port Authority
    Alain Bouchard
    General Manager