July 31, 2007
Governments of Canada, Ontario and Quebec to develop the Ontario-Quebec trade corridor
Montreal, Quebec – Representatives of the governments of Canada, Quebec and Ontario have announced the signing of a Memorandum of Understanding on the development of the Ontario-Quebec Continental Gateway and Trade Corridor.
Along with examining global markets, trade patterns and trends, the action plan addresses issues linked to transportation, such as protecting the environment, ensuring quality of life and enhancing the security of Canadians.
“Canada’s prosperity and quality of life depends on our success as a trading nation,” says Lawrence Cannon, Minister of Transport, Infrastructure and Communities. “Today, Canada’s New Government is taking action by working in partnership to assess needs and plan investments and policy measures to develop a modern and efficient transportation system allowing us to take advantage of significant international trade opportunities. As part of our broader Building Canada plan to restore infrastructure in the country, efficient gateways and corridors will fuel economic growth and boost Canada’s competitiveness in global markets.”
In the short term, a private sector advisory committee will be established to share information and gather data to better understand international trade and transportation patterns. It will also explore ways to optimize the connections between air, marine, road and rail transportation to better meet current and future demands.