Roberts Bank Terminal 2 would play an important role in supporting Canadian businesses shipping goods to and from the rest of the world, and in ensuring Canada stays competitive and open for trade.
The construction of the terminal over five-and-a-half years would provide:
- 12,700 person years of employment worth about $1 billion in wages,
- generate $1.3 billion in GDP
- contribute $300 million in tax revenue to all levels of government
Once operational, the terminal would be a significant economic generator for the region, including:
- 1,500 person years of employment on the terminal
- 11,000 person years of employment off the terminal
- $810 million in wages annually
Off-terminal activities include services provided by truck drivers, harbour pilots, tugboat operators, the Canada Border Services Agency, railways, transload and distribution facility operations, and container storage yards.
The project has already made a significant contribution to scientific knowledge of the Roberts Bank ecosystem and many species of interest.
Given our extensive work in the area of biofilm, the port authority is developing a manual in collaboration with global leaders in biofilm science that will identify and document best practices for developing biofilm habitat in the Fraser River estuary. The manual will serve as a guide for the port authority when we build mudflat habitat to offset project effects, as well as for other marine developers and offsetting practitioners active in the Fraser River estuary.
If the project is approved, the port authority will develop an offsetting plan that will not only maintain and enhance natural productivity of the Roberts Bank ecosystem, but will also have the potential to make a meaningful contribution to the future health and recovery of iconic west coast species—notably Chinook salmon and the endangered southern resident killer whale (SRKW) population.
If approved, the delivery and operation of Roberts Bank Terminal 2 would have positive economic impacts for Indigenous groups. These opportunities and benefits include training opportunities, access to a large number of well-paying jobs during construction and operation, and contracting opportunities.
We have committed to developing an Indigenous employment, procurement and training plan for the project, in collaboration with Indigenous groups. We are also negotiating mutual benefit agreements with Indigenous groups to share positive opportunities of the project.
Community legacy benefits
As a part of the Roberts Bank Terminal 2 Project, we are developing a community investment fund that could be provided as a part of the project and bring lasting economic and social good.
Feedback from early conversations with stakeholders suggests that funding should consider the development of transportation infrastructure and recreational facilities, and environmental initiatives such as walking trails and bike paths.