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The CentrePort Canada Initiative
14 April 2009
WINNIPEG
The governments of Canada and Manitoba are working together to fund infrastructure priorities that help to create jobs, stimulate the economy, and build a better Canada.The latest infrastructure initiative that will receive accelerated federal funding support in Manitoba is the CentrePort in Winnipeg. The CentrePort, which is Manitoba’s inland port, is centrally and strategically located at the heart of North America to connect businesses to world markets. It is centred on Winnipeg’s James Armstrong Richardson International Airport. The initiative involves using the airport and surrounding land as a hub to import goods from Asia and Europe and then distributing those goods throughout North America by air, rail and road.
Developing Manitoba’s inland port has the potential to grow Manitoba’s economy by taking better advantage of strong transportation assets and the province’s strategic, central location.
The CentrePort Canada initiative includes the development of a high-speed transportation corridor for the Inland Port.
A portion of the $175 million that Canada is providing to Manitoba under the Provincial-Territorial Base Fund will be allocated to this initiative, which has a total eligible cost of $136.7 million.
The initial phases of the CentrePort Canada initiative also received federal funding, including the twinning of Inkster Boulevard ($33.25 million federal contribution).
Under the Building Canada Plan, the Government of Canada is providing more than $853 million for infrastructure improvements in Manitoba. The federal and provincial governments announced earlier this year that Manitoba communities would benefit from more than $123 million in infrastructure investments under the Communities Component of the Building Canada Fund. Federal and provincial contributions for this investment total $82 million and the communities will provide the remainder of the funding. The governments of Canada and Manitoba also announced a joint contribution of up to $35 million in support of the University of Manitoba Sport Precinct.
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14 April 2009
14 April 2009
