OTTAWA, Dec. 21 /CNW Telbec/ - The Honourable Lawrence Cannon, Minister
of Transport, Infrastructure and Communities, today announced the amalgamation
of the British Columbia (B.C.) Lower Mainland port authorities of
Fraser River, North Fraser and Vancouver. With the issuance of a certificate
of amalgamation by the Government of Canada, the three ports will continue as
one port authority and will be called the Vancouver Fraser Port Authority as
of January 1, 2008.
"The integration of the Lower Mainland ports is a key policy measure that
will position these ports to enhance investment opportunities in the region,"
said Minister Cannon. "It will contribute to our competitiveness in the global
market by maximizing port efficiencies and optimizing port planning."
On May 30, 2007, changes to the Port Authorities Management Regulations
governing the process for amalgamation were published in the Canada Gazette,
Part II. The Government of Canada issued a certificate of intent to amalgamate
the three ports in June 2007. Following publication of the certificate in the
Canada Gazette, Part I, on June 16, 2007, the government placed notices in
B.C. newspapers during the week of June 25 to July 1, 2007. This began a
30-day public comment period as part of a larger strategy pursued by Transport
Canada and the port authorities concerned to actively engage stakeholders and
to seek their views on the proposed amalgamation.
Having received the support of stakeholders, the government has proceeded
with the amalgamation.
"With the Vancouver Fraser Port now a reality, another key building block
of the Asia-Pacific Gateway is falling into place," said the
Honourable David Emerson, Minister of International Trade and Minister for the
Pacific Gateway and the Vancouver-Whistler Olympics. "The amalgamation will
allow us to better leverage this important asset and make it a preferred port
of call for shippers from Asia."
Nineteen Canada Port Authorities (CPAs) make up Canada's national port
system. The CPAs are non-share capital corporations incorporated under the
1998 Canada Marine Act that are of strategic significance to Canada's trade.
Their effective operation contributes to our global competitiveness.
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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; Transport Canada
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