April 11, 2018 SAINT JOHN, NEW BRUNSWICK Transport Canada
The quality of Canada’s transportation infrastructure and the efficiency of the country’s trade corridors is key to the success of Canadian firms in the global marketplace.
Today, the Honourable Marc Garneau, Minister of Transport, announced a major investment of $10,134,500 to ensure the Saint John Airport remains a key driver of economic activity in the region. The two runways, the public taxiway and aprons will be rehabilitated, and major cracks in the pavement will be repaired, and the drainage system will be fixed. Runways will be narrowed to comply with the latest airport design standards and to minimize annual routine maintenance and operating costs.
Also, runway end safety areas will be added to both runways to significantly enhance operational safety at the airport. The Safety Related Airfield Modernization Investment Project is a project of the Saint John Airport in partnership with the Government of New Brunswick.
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.
For more information about the National Trade Corridors Fund please visit http://www.tc.gc.ca/eng/programs/national-trade-corridors-fund.html.
- This project will strengthen the safety and sustainability of the Saint John Airport, which is part of the National Airports System. The 26 airports in the National Airports System serve about 90 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 $1,107 trillion. The United States continued to be Canada’s top trade partner, with $702.9 billion in trade ($414.9 billion exported, $288.0 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.