Mr. Speaker, my riding of Saint John—Rothesay is home to Port Saint John, an economic jewel in our region and one of Canada's busiest ports by volume. It is our province's gateway to the world.
I am thrilled that through budget 2021 we have committed to strengthening our regional, cross-border and international trade by allocating $1.9 billion in funding over four years to renew the national trade corridors fund, which is great news for our port's future growth and development.
This funding will attract almost $3 billion in private investment in our hardest-hit communities. This will reduce barriers to trade and bring stronger supply chains, improving container business opportunities right here, which will strengthen our local economy and help create meaningful employment in southern New Brunswick.
I am proud of our government and budget 2021 and what it means for Canadians across the country and here at home in my great riding of Saint John—Rothesay.