The Montreal Port Authority announced the additional financial support of US$75 million granted to its Contrecoeur expansion project by the Government of Quebec.
This expansion is part of the 2023-2024 budget unveiled by Canada’s Minister of Finance, Éric Girard.
“The Government of Quebec’s support is a concrete gesture to support local businesses with a more efficient, more sustainable and more resilient supply chain,” said Martin Imbleau, president and CEO of the Montreal Port Authority.
The expansion project aims to increase container handling capacity, while capitalising on the ecosystem of 6,000 transportation and logistics companies and the existing critical mass in Greater Montreal.
