Canada invests over US$35 million to strengthen global trade presence

The Canadian government is investing up to C$51.2 million (US$37.5 million) in 19 digital infrastructure projects to bolster Canada’s global trade presence, including some projects that address the flow of container movements.

Funding will come from the National Corridors Trade Fund, a C$4.6 billion program to make domestic supply chains more efficient, bolster infrastructure resiliency and reduce trade barriers, among other objectives. The 11-year program will wrap up funding on March 31, 2028; so far, C$4.1 billion has been committed to projects since 2017.

"Strengthening supply chains is essential to reducing trade barriers and strengthens Canada’s international trade performance. These investments demonstrate Canada’s commitment to stronger supply chains,” said Vance Badawey, Parliamentary Secretary to the Minister of Transport, in a 31 May release from government agency Transport Canada.