Pomerleau-Aecon consortium taking next steps in Montreal port expansion
AI Article Summary
The Consortium of Pomerleau and Aecon has initiated preparatory work for the Montreal Port Authority's terminal expansion project in Contrecœur. This $609 million project includes constructing berths and dock infrastructure to enhance Canada's supply chain. Completion is scheduled for 2030, with the terminal expected to handle up to 1.15 million TEUs annually. The development includes significant job creation and aims to boost the local and national economy.
What This Means for Canadian Contractors
This project shows how large infrastructure investments can significantly impact economic growth and job creation in Quebec. For Canadian builders, this means potential opportunities in the demand for skilled labor and potential cost concerns related to extensive infrastructure projects. It underscores the importance of securing public and private funding and collaboration in addressing supply chain capabilities efficiently.