en.Wedoany.com Reported - The Vancouver Fraser Port Authority stated that Canada has advanced the review of Roberts Bank Terminal 2 as a national interest project, bringing the Port of Vancouver one step closer to a 50% increase in container throughput capacity.
The proposed terminal could unlock $100 billion in additional trade capacity, create 320 acres of new industrial land, and generate thousands of supply chain jobs.
The project has received environmental assessment approval and consent from 27 Indigenous groups. The Port of Vancouver Gateway Strategy also plans to expand bulk cargo and rail capacity to support Canadian businesses in increasing international exports.
While expanding port investment and export capacity, the strategy includes protective measures for the Southern Resident killer whales.
Approximately $1 billion worth of goods pass through the Port of Vancouver every day. The port authority stated that the project could help Canada achieve its goal of doubling exports to non-U.S. markets within the next decade.
The Vancouver Fraser Port Authority is the port management authority for the Port of Vancouver, with offices located on the traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) Nations.
