The Government of Canada and the Province of Saskatchewan invest in infrastructure



    REGINA, Dec. 7 /CNW Telbec/ - The Government of Canada and the Province
of Saskatchewan today announced that, as part of the Asia-Pacific Gateway and
Corridor Initiative (APGCI), the Government of Canada will contribute up to
$27 million to a proposed strategic infrastructure project estimated at 
$93 million. This project will benefit the local community through improved
traffic flow and enhanced transportation safety and security.
    The announcement was made by the Honourable Gerry Ritz, Minister of
Agriculture and Agri-Food and Minister for the Canadian Wheat Board, on behalf
of the Honourable Lawrence Cannon, Minister of Transport, Infrastructure and
Communities, in the presence of the Honourable Wayne Elhard, Minister of
Saskatchewan Highways and Infrastructure, Mr. Pat Fiacco, mayor of the City of
Regina and Mr. Jim Buggs, general manager, port and gateway strategy, for
Canadian Pacific.
    This infrastructure project consists of building a new Canadian Pacific
inter-modal facility west of Regina; the upgrading of Pinkie Road connecting
to Highways #1 and #11, both National Highway System routes and connects to
the City of Regina road network, which will provide direct access for
international trade traffic to this facility. The upgraded road and rail grade
crossings will also result in the environmental benefits of reduced congestion
and fewer vehicle emissions.
    "The Government of Canada is working hard to build the Asia-Pacific
Gateway and Corridor Initiative," said Minister Ritz. "Today's announcement
will create huge economic opportunities in Saskatchewan and across Canada as
this multi-modal facility will ensure we can get our products to markets
around the world more efficiently."
    "Investing in strategic infrastructure benefits our communities and is
key to Canada's competitiveness in the rapidly changing world of global
commerce," said Minister Cannon. "We are committed to establishing the Gateway
and Corridor system as the best link between North America and Asia, and will
continue to work with the provinces and stakeholders to make it happen."
    "The Regina Region Inter-Modal project will enhance rail transportation
efficiency in the Regina region, particularly with regard to the movement of
in-and-out bound containers. It will also provide the transportation
infrastructure to support future development and growth for the region," said
Minister Wayne Elhard.
    "The City of Regina is pleased to join in partnership with the provincial
and federal governments and Canadian Pacific in support of this exciting
project," said Mayor Fiacco. "This is a major priority for the City of Regina
that supports our future sustainability and economic development activities
within the Regina Capital Region by establishing Regina as a major
transportation hub."
    "Canadian Pacific is encouraged by this announcement. We will work
diligently with the province, the federal government and other stakeholders to
make this project a reality," said Mr. Fred Green, president and chief
executive officer of Canadian Pacific. "This partnership will foster economic
development and enhance transportation efficiency in the Moose Jaw-Regina
transportation corridor and the region in general."
    The funding announced today is conditional on the project meeting
eligibility requirements under the Building Canada Plan, a full federal due
diligence review of the project, the successful completion of environmental
assessments required by the Canadian Environmental Assessment Act and the
successful negotiation of a contribution agreement with project sponsors.
    Through its unprecedented $33-billion Building Canada infrastructure
plan, the Government of Canada will provide long-term, stable and predictable
funding to help meet infrastructure needs across Canada. Building Canada will
support a stronger, safer and better country. Over the past year, the
Government of Canada met with provinces, territories and the municipal sector
to discuss the Building Canada Plan with a view to signing agreements and
beginning to fund initiatives under the plan.

    For more information about Canada's APGCI, please visit www.apgci.gc.ca,
and for more information on the Building Canada Plan, please visit
www.infrastructure.gc.ca.

    

               BUILDING CANADA - THE GOVERNMENT OF CANADA AND
            THE PROVINCE OF SASKATCHEWAN INVEST IN INFRASTRUCTURE

    The Regina region inter-modal project has both short- and long-term goals.
It 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.

    The Asia-Pacific Gateway and Corridor Initiative (APGCI) is a national
initiative that will contribute to Canada's economic competitiveness, while
also benefiting communities through which increasing volumes of trade must
move. During its first year, APGCI projects valued at more than $2.3 billion
were announced across all four western provinces. This includes contributions
of over $850 million from the federal government.

                                                              December 2007
    




For further information:

For further information: Karine White, Press Secretary, Office of the
Minister of Transport, Infrastructure and Communities, Ottawa, (613) 991-0700;
Media Relations, Transport Canada, Ottawa, (613) 993-0055; Communications,
Highways and Infrastructure, Government of Saskatchewan, (306) 787-4949; Mark
Rathwell, Senior Advisor, Office of the Mayor, City of Regina, (306) 537-9015;
Todd MacKay, Director of Communications, Office of the Honourable Gerry Ritz,
Minister of Agriculture and Agri-Food, (613) 759-1059; Breanne Feigel,
Manager, Media Relations, Canadian Pacific, (403) 319-3932


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