The Government of Canada has announced an investment of C$105m ($81.4m) under the National Trade Corridors Fund to improve supply chain efficiency for Canadian air carriers.
Through the National Trade Corridors Fund, the government is investing in trade corridors to help Canadians compete in major global markets.
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Along with funding from NAV CANADA, this investment will support three new projects.
The government will supply up to C$31.2m ($24.1m) to enhance the technology and infrastructure at Montréal-Trudeau International Airport, Toronto Pearson International Airport, Calgary International Airport and Vancouver International Airport.
The investment is expected to cut flying times and aircraft fuel usage while improving cargo movement.
For this project, which entails a total investment of C$77m ($59.6m), NAV CANADA will contribute C$45.8m ($35.4m).
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By GlobalDataThe Canadian Government will also provide up to C$39.2m ($30.3m) for new technology to strengthen the country’s air transportation system. NAV CANADA agreed to contribute C$59.7m ($46.2m) to this project, which will cost $98.9m ($76.6m) in total.
For air traffic management technology improvement, the government has committed C$34.5m ($26.7m). This project will also include the implementation of drone traffic management services to control drone operations in the Canadian airspace.
For this C$85.2m ($66m) project, NAV CANADA agreed to provide C$50.7m ($39.2m).
Canada Minister of Transport Omar Alghabra said: “An efficient and reliable transportation network is key to Canada’s economic growth. Our government, through the National Trade Corridors Fund, is making investments that will support the flow of goods across Canada’s supply chains now and into the future.
“These three NAV CANADA projects will improve the efficiency and flow of air cargo in Canada by reducing bottlenecks at the major hubs, which cause delays across the entire aviation network.
“A more efficient movement of goods is beneficial to Canada’s economy and to Canadians from coast-to-coast-to-coast.”
