Partners will relocate the CPR intermodal terminal outside the City of Regina and provide proper road access to the new larger capacity terminal.
This will address immediate rail capacity issues while strategically building the related road infrastructure to support expanding international trade movements. These improvements will increase the productivity of the supply chain across Western Canada to the Asia-Pacific region.
The current inter-modal facility, which is located in downtown Regina, is nearing capacity. Upgrading road/rail grade crossings will reduce vehicle traffic delays currently experienced in downtown Regina.
All financial figures are anticipated federal contributions for projects, most of which are cost-shared with important contributions from partners, including British Columbia and other western provincial and municipal governments, ports and railways.
All projects are subject to funding commitments of all partners, completion of due diligence, contribution agreements and final federal project approval.
"Today's announcement will contribute to much needed infrastructure improvement, and recognizes Saskatoon's robust economy and our growing position on the international stage"- Donald Atchison, Mayor - City of Saskatoon