OTTAWA, July 31, 2012 /CNW/ - The Government of Canada today announced
that it has selected a PricewaterhouseCoopers-led consortium to provide
expert financial, technical and engineering services for the
construction of the new bridge for the St. Lawrence, including the
development of the business case for the project.
The business case includes an in-depth analysis of the preferred method
for procurement and construction of the bridge. The development of
traffic and revenue forecasts, as well as preliminary engineering work
to identify possible options and their costs, will also be completed in
this phase of the project.
The preparation of the business case will take a maximum of 18 months to
complete. Updates on progress and consultation activities will continue
to be provided throughout the planning process and construction phase.
With an estimated $20 billion in international trade crossing the
Champlain Bridge annually, this corridor is a significant part of the
regional economy and Canada's economy as a whole. An efficient
transportation corridor for commuters, public transit users and
commercial vehicles is essential to ensuring the quality of life of
residents and workers in greater Montreal.
Canada's Economic Action Plan 2012 focuses on creating new opportunities
for jobs and growth, and ensuring long-term prosperity for Canadians.
Strengthening infrastructure across the country is an important part of
this plan. Thanks to the Government of Canada's leadership, and our
strong economic and financial fundamentals, the Canadian economy has
recovered from the global recession better than most other
industrialized countries. Canada has been a leader among G-7 countries
throughout the recovery, with more than 765,000 net new jobs created
since July 2009. Find out more about the opportunities in Economic
Action Plan 2012 at www.budget.gc.ca/2012/home-accueil-eng.html.
For more information about the new bridge for the St. Lawrence, please
SOURCE: Government of Canada
For further information:
Transport Canada, Ottawa
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