Major investment in Port Saint John announced
More than $460 million is being directed toward transportation upgrades tied to the Saint John trade corridor.
The project is funded by the federal and provincial governments along with private-sector partners to strengthen rail, road and marine infrastructure connecting Port Saint John to national and international markets, supporting economic growth and the creation of new jobs for New Brunswickers.
The Saint John trade corridor is the first project to secure funding through the Federal Trade Diversification Corridors Fund.
In the announcement, federal Transport Minister Steve MacKinnon said the investments are critical to strengthening Canada’s economy.
“We have a major challenge and that is to expand our non-U.S. trade,” he said. “Saint John is, for all kinds of historic, geographical, and strategic reasons, one of the leaders, one of our fastest growing ports. Making an investment here in Saint John is an investment that pays off for Saint John, for New Brunswick, but also for Canada.”
Mackinnon explained the projects will help reduce bottle necks, improve efficiency, and unlock more capacity across the transportation network.
The federal government is contributing about $254 million, while the provincial government is investing $116.5 million, and J.D. Irving Ltd. and the Port Authority are contributing a combined $92.5 million.
The project is comprised of five components, which will be delivered by various partners. They include:
- Dredging to widen the port’s main channel, plus breakwater and marine infrastructure.
- Warehouse improvements and a new 2,787-square-metre Canada Border Agency container examination facility.
- Shoreline estabilization to protect critical rail capacity at the NBSR Bayshore Rail Terminal.
- Replacing 103 kilometres of existing rail and associated track improvements, enabling speeds up to 64 km/h and increased freight capacity.
- Reconstruction of the Simms Corner intersection to improve safety, address congestion and improve network reliability.
Premier Susan Holt said this project is a “huge game-changer” for the province.
“The port serves New Brunswick entrepreneurs, it gets their goods to the world, because the world is asking what New Brunswick has,” she said. “We have what the world wants, we are going to deliver it to them based on these investments in the port.”
Holt said several projects will run concurrently; however, she estimates the reconstruction of Simms Corner will take the longest to complete, potentially finishing by 2030.
Port president and CEO Craig Bell Estabrooks said “it’s amazing” to have this level of attention to the Saint John gateway.
“We’ve obviously built something very special over the last number of years, and today’s announcement is so many different projects that are going to help with our resiliency and our operational model,” he said.
Bell Estabrooks added that the announcement benefits all the different sectors at Port Saint John.
He said the dredging will increase the window for all port users; the port will be able to move more potash exports by deepening the channel and Courtney Bay, and Irving Oil could benefit tremendously from the Courtney Bay expansion because it can handle more liquid bulk exports.
“We are addressing operational constraints that we’ve talked about for years in a very meaningful way, so it’s about resiliency, but we are going to create an operating model for this port and this gateway that is second to none in this country,” he said.
Bell Estabrooks said they are still working on the economic data to figure out how many potential jobs the project could bring to Saint John.
He explained the application process moved quickly and that significant work still needs to be completed before contribution agreements can be signed.
However, he said the jobs he will be watching most closely are new positions at NB Southern and the International Longshore and Warehouse Union Canada as activity at the port begins to increase.
“These folks get paid when ships come in, so more ship activity means more jobs,” he said.