An investment of up to $23 million is going to Global Agriculture Trans-Loading, under the National Trade Corridors Fund, for a project that will expand rail capacity in Surrey.
March 20, 2023 By Greenhouse Canada
In a move designed to improve transportation for the agricultural sector, Canada’s federal government is investing up to $23 million to Global Agriculture Trans-Loading Inc., under the National Trade Corridors Fund, for a project that will expand rail capacity in Surrey, British Columbia.
With this funding, Global Agriculture Trans-Loading will make several purchases, including a three-track rail spur, new container lifts, railcar pushers, conveyor belt systems, and bagging equipment.
“These improvements to rail infrastructure and capacity will enable Global Agriculture Trans-Loading to double their operations and help move agricultural products and grain between different modes of transportation more efficiently,” the government said in March 17 news release. “By reducing delays and bottlenecks in the transfer process, Canadian agricultural products will reach global markets faster.”
The National Trade Corridors Fund is a competitive, merit-based program designed to help infrastructure owners and users invest in the critical transportation assets that support economic activity in Canada. A total of $4.7 billion over 11 years (2017-2028) has been allocated to the program.
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