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Facility Investment: Montreal

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Montreal: $95 million from Québec Government for Cruise Terminal and Roadway Improvements 

The province of Québec has budgeted millions of dollars for facility improvements at the Port of Montreal. That includes $75 million for direct road access to the port and $20 million towards the restoration of Alexandra Pier and the Iberville Passenger Terminal for cruise passengers. 

"For a port, the flow of transportation is a measure of efficiency and competitiveness. That makes optimizing road access mission-critical," said Sylvie Vachon, president and CEO of the Montreal Port Authority. "In this budget, the government is providing investments that will make it possible for trucks to exit more efficiently to the upper road network and decongest the local road network. Besides, any logistics activity that makes shipping lines need to come to the port to pick up or deliver containers is a win for us."

The port authority regards the provincial government’s support of the passenger terminal restoration as an important milestone in carrying out this structuring project for the future of Montreal and the Québec tourism industry.

The Quebec government's commitment is in addition to backing by the City of Montreal, which committed to a $15-million contribution when it filed its three-year capital works program for 2015-2017. The port authority is completing the financing structure, a necessary condition for optimal restoration of the passenger terminal.
 

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