News & Resources

Five facts you should know

April 22nd, 2019 11:51 pm

1. The project is needed as early as the mid-2020s

Existing container terminals on the west coast of Canada are nearing capacity and independent forecasts indicate that, in addition to planned improvements to existing container facilities, the Roberts Bank Terminal 2 Project will be needed as early as the mid-2020s. The project would provide the capacity needed to accommodate growth of goods traded in containers for several decades.

 

2. Environmental assessment is underway

 

The project is undergoing a federal environmental assessment by an independent review panel, under the Canadian Environmental Assessment Act, 2012. In support of the environmental assessment process, the port authority has undertaken 77 studies over four years, with contributions from more than 100 professional scientists and more than 35,000 hours of field work.

 

3. Ongoing consultation and engagement

 

As part of its consultation and engagement program, the port authority participated in over 440 meetings with regulators, Aboriginal groups, local government stakeholders and the public. Input received during the engagement and consultation activities has been considered in the development of the project. The port authority is continuing engagement and consultation throughout the panel review phase and, should the project proceed, into the construction and operation phases.

 

4. Thousands of well-paid jobs

 

During the 5.5-year construction process, the project is expected to provide 12,700 person-years of direct, indirect and induced employment, worth approximately $1 billion in wages. Once operational, the project would support more than 12,400 direct, indirect and induced person-years of on- and off-dock employment each year, worth approximately $810 million in wages annually.

 

5. Tax revenues

 

Government revenues from taxes paid by construction employers, suppliers and project associated workers would total approximately $300 million over the 5.5-year construction period. Once operating, average tax payments to the three levels of government by the terminal operator, infrastructure developer, suppliers and project-associated workers would be approximately $42 million each yea

 

 

Download the 5 facts you should know information sheet as a PDF.

 

 

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