The Roberts Bank Terminal 2 project has been contemplated for quite some time. It was part of a strategy developed very many years ago. It was, in part, intended to depressurize Burrard Inlet and create a place for Canada's trade to continue to grow outside the more populated parts of the region.
Roberts Bank Terminal 2 is really a manifestation and a further step in that strategy. It is a land mass of about 350 acres that would be created to host a container terminal—one part of the port's business—but the knock-on effect of that is to other parts of the port's jurisdiction. As I said, it would depressurize Burrard Inlet to allow other commodities to continue to grow.
The other investments that I mentioned—and my colleagues from Prince Rupert mentioned similar types of things—are about making sure that first and last mile performance.... Keep in mind, many of the networks approaching port facilities, not just on the west coast but all ports, were designed and implemented many years ago. Of course, there's been a lot of urban development around them. Continued investment is needed in the supply chain to make sure that for the economies created by new facilities, whether mining or agricultural facilities on the Prairies, those economies and transportation are realized when you get to port. Longer sidings, more sidings, a reduction in the impact of level road crossings and loading grain in the rain are examples of optimizations that are intended to allow us to remain competitive as a nation.
Again, on the west coast, Prince Rupert and Vancouver are key to making that happen and restoring confidence so that investments in productive capacity in other parts of the country are made with confidence that those commodities can be shipped to their final destination reliably and competitively.
