The Government of Canada is committed to strengthening Canada's trade corridors, which support our supply chains, help grow our economy and ensure its recovery, while creating good, middle-class jobs.
Today, the Minister of Transport, the Honourable Omar Alghabra, announced close to $105 million for three new projects with NAV CANADA under the National Trade Corridors Fund. These projects will help improve supply chain efficiency for Canadian airlines across the country.
The Government of Canada will contribute:
- Up to $39.2 million to provide new technology to improve the reliability, safety, and performance of Canada's air transportation system, especially in the event of extreme weather and in remote communities. NAV CANADA will contribute $59.7 million toward the project, for a total investment of $98.9 million.
- Up to $34.5 million to implement technology to improve air traffic management. The proposed project would also allow for the implementation of drone traffic management services to monitor and control drone operations in Canada's airspace. NAV CANADA will contribute $50.7 million toward the project, for a total investment of $85.2 million.
- Up to $31.2 million to improve the technology and infrastructure at four major airports (Montréal-Trudeau International Airport, Toronto Pearson International Airport, Calgary International Airport, and VancouverInternational Airport) to respond to increased air traffic demand. The project will reduce flying time, decrease aircraft fuel consumption, increase the movement of cargo, and provide more efficiencies to meet the growing demand at these airports. For this project, NAV CANADA will contribute $45.8 million, which represents a total investment of $77 million.
Through the National Trade Corridors Fund, the Government of Canada is investing in well-functioning trade corridors to help Canadians compete in key global markets, trade more efficiently with international partners, and to keep Canadian supply chains competitive and resilient. It represents a long-term commitment to work with stakeholders on strategic infrastructure projects to address transportation bottlenecks, vulnerabilities, and congestion along Canada's trade corridors.
"An efficient and reliable transportation network is key to Canada's economic growth. Our government, through the National Trade Corridors Fund, is making investments that will support the flow of goods across Canada's supply chains now and into the future. These three NAV CANADA projects will improve the efficiency and flow of air cargo in Canadaby reducing bottlenecks at the major hubs which cause delays across the entire aviation network. A more efficient movement of goods is beneficial to Canada's economy and to Canadians from coast-to-coast-to-coast." The Honourable Omar Alghabra, Minister of Transport.
"We are very proud of the key role we play, in partnership with our industry partners, to keep Canada's skies safe. These important investments will accelerate innovation and deliver significant safety, environmental and economic benefits through a seamless, space-enabled, digitally enhanced air navigation system to address future growth in air travel and provide greater value to Canadians." Raymond G. Bohn, President and CEO, NAV CANADA