In brief
Canada’s federal government has declared the Roberts Bank Terminal 2 expansion at the Port of Vancouver a national‑interest project, citing a 5.9‑billion‑CAD investment that will lift container capacity by roughly 50 %. The move is part of a strategy to double exports to non‑U.S. markets by 2035, with the project expected to reach a final investment decision by mid‑2027.
Canada’s federal government announced Friday that the Roberts Bank Terminal 2 expansion at the Port of Vancouver is now a national‑interest project, with Transport Canada saying it will help reduce reliance on U.S. trade partners.
Transport Canada said the 5.9‑billion‑Canadian‑dollar project will lift the Port of Vancouver’s container capacity by approximately 50 %, adding 2.4 million containers of annual processing capacity and supporting up to 100 billion CAD in annual trade.
Officials highlighted that the designation provides regulatory certainty and is expected to accelerate the project’s commercial operations to 2035—up to four years ahead of the previous schedule.
The expansion is part of Canada’s broader strategy to double its exports to non‑U.S. markets by 2035, according to Transport Canada.
The project is currently on a viable path to achieve a final investment decision by mid‑2027, Transport Canada added.
While the 5.9‑billion‑CAD investment and projected capacity gains are confirmed, the exact timeline for resuming full commercial operations remains an estimate, based on current planning milestones.