Canada s Atlantic Gateway and Trade Corridor
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1 Canada s Atlantic Gateway and Trade Corridor Marianne Etter Director, Policy and Coordination Atlantic Canada Opportunities Agency The Jamaica Logistics Hub Symposium January 22, 2014
2 2
3 The Atlantic Gateway is Part of a Broader Strategy Canada s National Framework for Strategic Gateways and Trade Corridors was established in 2007 to help facilitate international trade and commerce North America's closest major ports to Asia Asia-Pacific Gateway & Corridor Initiative Ontario-Quebec Continental Gateway & Trade Corridor Atlantic Gateway & Trade Corridor North America's closest ports to Europe and ships transiting the Suez Canal 3
4 Canada s National Framework Canada s National Policy Framework for Strategic Gateways and Trade Corridors Each gateway comprises a system of marine, road, rail and air transportation infrastructure that represents national significance for international commerce The Framework was supported by a $2.1 Billion investment in Canada s Gateways and Border Crossings Fund (GBCF) announced 2009 Merit-based approach to projects Improving efficiency of national assets Facilitate international trade and commerce An integrated, systems-based transportation approach 4
5 The Atlantic Gateway is a Partnership Federal Government Transport Canada Atlantic Canada Opportunities Agency Foreign Affairs, Trade & Development Canadian Border Services Agency Enterprise Cape Breton Corporation Provincial Governments Newfoundland & Labrador New Brunswick Prince Edward Island Nova Scotia Minister of Transport Atlantic Gateway Federal/Provincial Officials Committee Atlantic Canada Opportunities Agency (Chair) Transport Canada Newfoundland & Labrador New Brunswick Prince Edward Island Nova Scotia Airports Ports Railroads Stakeholders Transportation Companies System Users (Customers) System Providers Others (RDAs, Municipalities, Chambers, Associations) Gateway Councils Atlantic Gateway Advisory Council Halifax Gateway Council 5
6 Atlantic Gateway Connections Transit Times from Singapore via Suez Halifax New York Norfolk Savannah 22 days 24 days 24 days 24 days Europe Atlantic Gateway Mediterranean & Middle East South & South East Asia Caribbean Brazil Shipping through the Atlantic Gateway via the Suez Canal provides impressive time advantages 6
7 Atlantic Gateway and Trade Corridor Strategy Released March 2011 The objectives: Strengthen Canada s competitiveness in attracting a larger share of global commerce Advance a safe, secure, efficient and sustainable multimodal system Promote the Atlantic Gateway The Strategy is defined by nine core elements to help facilitate growth in international trade. Strategic Infrastructure International Trade Promotion and Marketing Economic Growth Opportunities Border Efficiency and Security Policy and Regulatory Issues Technology and Innovation Knowledge and Skills Environment Governance 7
8 Strategic Infrastructure Investments $250M in infrastructure investments; leveraged over $600M in provincial and private contributions Halifax International Airport Runway Extension Twinning of Highway Route 1 in New Brunswick Charlottetown Airport Terminal Expansion Marine Institute SmartBay Buoy Project Port Saint John Cruise Gateway Project Port of Halifax South End Container Terminal Expansion 8
9 International Trade Promotion & Marketing $5 million for international trade promotion & marketing International conferences Marketing materials Market research Incoming media and outreach 9
10 Policy and Regulatory Issues Mitigate government policy and regulatory issues that could negatively impact the efficiency of the transportation system or impede growth Examples of issues: North American Emission Control Area Harmonization of long combination vehicle regulations Driver certifications Weight restrictions Winter driving Harmonization of vehicle weights and dimensions 10 10
11 Port of Halifax, Nova Scotia Connection with global markets in Asia, Europe and Latin America Full-service, multi-modal port ; container, breakbulk, bulk, roll-on/roll-off, cruise, Halifax Logistics Park Overall growth in 2013; container growth 7.5% in
12 18 of the world s top container lines call the Port of Halifax 12
13 Port Saint John, New Brunswick Multi-modal port; bulk, breakbulk, containers, cruise MSC, Hapag Lloyd and Tropical Shipping provide weekly container service to the Port of Saint John; container growth 47% in
14 Recent Private Sector Results Attracting business and investment Cargojet, Bluebird air cargo freighter services Mediterranean Shipping Company G6 Alliance Two new post-panamax cranes at Halterm CN service-level agreement 14 14
15 Global and Local Context Fast-changing global transportation landscape Emerging economies trade patterns changing Increased competition for cargo Huge investment in transportation facilities around the world Slow economic recovery in North America and Europe Panama Canal expansion Free trade agreements Competition for Federal funding in Canada Complex partner relationships between governments and private sector 15
16 Questions? 16
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