Port Metro Vancouver Supports CTA Panel on Upcoming Review

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 25, 2014) - Port Metro Vancouver welcomes Minister Raitt's announcement today of the appointment of a new CTA Review Panel which will oversee the extensive legislated review of the Canadian Transportation Act.

"The in-depth industry knowledge of the Chair, David Emerson, and the panel members, will ensure a fulsome review of the Canadian Transportation Act which will benefit the entire transportation industry -- improving supply chains, the movement of goods, and the movement of people," said Robin Silvester, President and CEO of Port Metro Vancouver. "Examining how the transportation system can adapt to respond effectively to evolving international and domestic conditions, from changing population demographics to meeting trade objectives, is a necessary exercise that will benefit Canadians."

Port Metro Vancouver supports Minister Raitt's initiation of this process and the acceleration of the review which will ultimately assess major global and national trends in transportation to determine how our domestic system can best support Canada's international competitiveness, trade objectives, and prosperity, as well as Canadian's mobility and quality of life.

Port Metro Vancouver will be pleased to be an active participant in this process and looks forward to bringing forward constructive and collaborative ideas to ensure the ongoing development and success of our transportation systems in Canada.

About Port Metro Vancouver:

Port Metro Vancouver, is a non-shareholder, financially self-sufficient corporation established by the Government of Canada, pursuant to the Canada Marine Act, and is accountable to the elected federal Minister of Transport. Port Metro Vancouver is Canada's largest port and a leader in environmental stewardship. About $184 billion in goods is traded annually with more than 160 trading economies, generating across Canada an estimated 100,000 jobs, $6.1 billion in wages, and $9.7 billion in GDP. Port Metro Vancouver's annual financial and sustainability reports provide an overview of our social, environmental and economic performance, and is independently assured by a third party.