The quality of Canada’s transportation infrastructure and the efficiency of the country’s trade corridors are key to the success of Canadian firms in the global marketplace. The Government of Canada supports infrastructure projects that create quality middle-class jobs and boost economic growth.
Today, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food and Member of Parliament for Cardigan, on behalf of the Honourable Marc Garneau, Minister of Transport, announced a major investment of $8.1 million for a project that will improve airport infrastructure and help businesses compete by moving local goods to market.
The project consists of the rehabilitation of Charlottetown Airport’s main Runway 03-21 and connecting taxiways. Major components of the work include grading and drainage improvements, replacement of storm water collection infrastructure, and rehabilitation and reconstruction of the pavement structure. This project is expected to have significant economic and employment benefits by creating an estimated 180 jobs during construction.
The Government of Canada is supporting infrastructure projects that contribute most to Canada’s continued success in international trade. For example, projects being funded will:
- support economic activity and the physical movement of goods or people in Canada;
- help the transportation system withstand the effects of climate change and make sure it is able to support new technologies and innovation;
- address transportation bottlenecks and congestion along Canada’s trade corridors; and
- increase the fluidity of Canadian trade around the world through our ports, airports, roads, railways, intermodal facilities, bridges and border crossings.
Provincial, territorial and municipal governments, Indigenous groups, not-for-profit and for-profit private-sector organizations, federal Crown Corporations, Canadian Port Authorities, and National Airport System Airport Authorities are all eligible for funding under the National Trade Corridors Fund.
“Transportation and distribution of goods are a vital part of our local, regional and national economies. The investment announced here today will make our transportation system stronger by addressing urgent capacity constraints at the Charlottetown Airport and fostering long-term prosperity for our community.”
The Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food and Member of Parliament for Cardigan
“Our government is investing in Canada’s economy by making improvements to our trade and transportation corridors. We are supporting projects that will efficiently move commercial goods to market and people to their destinations, stimulate economic growth, create quality middle-class jobs, and ensure that Canada’s transportation networks remain competitive and efficient.”
The Honourable Marc Garneau, Minister of Transport
“I am pleased to see this project going ahead. The Charlottetown airport is an important economic generator for our province and upgrading its critical infrastructure will ensure it keeps serving our community for generations to come.”
Sean Casey, Member of Parliament for Charlottetown
- This project will strengthen the safety and sustainability of the Charlottetown Airport which is part of the National Airports System. The 26 airports in the National Airports System serve about
95 per cent of all scheduled passenger and cargo traffic in Canada, and handle almost all of Canada’s international trade flows by air.
- Transportation is an important element of Canada’s trade with other countries. In 2017, total international merchandise trade amounted to $1.1 trillion. The United States continued to be Canada’s top trade partner, with $703 billion in trade ($415 billion exported, $288 billion imported), accounting for 63.5 per cent of total Canadian trade in 2017.
- The Government of Canada places a strong emphasis on exports because of the connection between trade and good, well-paying jobs, as industries that are export-intensive pay wages that are, on average, more than 50 per cent higher than industries that are not.
- National Trade Corridors Fund Backgrounder