The Canadian government has announced a significant investment of C$33.1 million ($23.3 million) to enhance the nation’s rail network, aiming to improve economic growth and supply chain resilience.
This funding, provided through the National Trade Corridors Fund (NTCF), will support six key projects across Alberta and British Columbia. These initiatives are expected to boost the efficiency of freight movement, alleviate congestion, and enhance transportation fluidity within Canada’s supply chain.
A portion of the funding will be directed toward expanding rail infrastructure, including the construction of additional siding to accommodate longer freight trains, the development of inland port facilities to optimize cargo handling, and upgrades to rail lines and industrial parks to improve connectivity.
Investments in digitizing the rail system are also part of the initiative, with funds allocated for the deployment of GPS sensors to enhance real-time tracking of railcars and freight. This digital transformation aims to create a more transparent and efficient logistics network, improving overall performance across the rail sector.
Another key focus of the funding is the expansion of rail yards and the establishment of transloading facilities at major ports. These efforts will help reduce congestion, enhance storage capacity, and support the seamless movement of goods to and from international markets.
The Canadian government emphasized that these investments will play a crucial role in reinforcing the country’s trade corridors, ensuring the reliable movement of goods, and supporting economic stability. Earlier this month, an additional C$43 million ($29.85 million) was committed over two years to sustain passenger rail services in remote regions where rail remains the only viable mode of transportation.
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