The proposed Roberts Bank Terminal 2 Project builds on the existing geographic advantages of the Port of Vancouver, as well as the past investments in transportation infrastructure in the region. By ensuring that there is sufficient capacity to handle growing container traffic, Canadian businesses and consumers can continue to benefit from the opportunities presented by international trade.

Economic Benefits during Construction

A five-and-a-half year construction period would generate an estimated total of 12,719 person-years of direct, indirect and induced employment, worth approximately $1 billion in wages. This includes:

  • 4,150 person-years of direct employment and $494 million in wages
  • 6,264 person-years of indirect employment and $374 million in wages
  • 2,305 person-years of induced employment and $129 million in wages

During the five-and-a-half-year construction period, the Project would generate approximately $1.3 billion in provincial gross domestic product and $3.65 billion in total economic output.

The government revenues from taxes paid by construction employers, suppliers and Project-associated workers would be approximately $300 million. This includes:

  • $127 million in revenue to the federal government
  • $154 million in revenue to the provincial government
  • $20 million in revenue to local government

Economic Benefits during Operation

During the operation phase, the Project would support more than 12,400 direct, indirect and induced person years of employment each year of operation, worth approximately $810 million in wages annually.

On-terminal activities would generate an annual total of 1,553 person-years of direct, indirect and induced employment and approximately $186 million in wages. This includes:

  • 928 person-years of direct employment and $153 million in wages each year
  • 114 person-years of indirect employment and $6 million in wages each year
  • 511 person-years of induced employment and $26 million in wages each year

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, and would generate an estimated total of 10,850 person-years of direct, indirect and induced employment.

On-terminal activities during operation would account for approximately $212 million in provincial gross domestic product and about $291 million in total economic output each year.

Once operating, annual 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. This includes:

  • $22 million in revenue to the federal government
  • $13 million in revenue to the provincial government
  • $7 million in revenue to local government

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