Canada to invest $468 mn in Highway projects
The Government of Canada is contributing over $183 million to the project under the New Building Canada Fund, Provincial-Territorial Infrastructure Component National and Regional Projects.
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Safe efficient road networks are key to maintaining economic productivity and a high quality of life for all Quebecers.
The governments of Canada and Quebec are investing in transportation infrastructure throughout the province to improve the flow of travellers and goods.
The Honourable Diane Lebouthillier, Minister of National Revenue, and Véronyque Tremblay, Minister for Transport today confirmed their commitment to investing $468 million in Highway 389 improvements between Baie-Comeau and Fermont.
The Government of Canada is contributing over $183 million to the project under the New Building Canada Fund, Provincial-Territorial Infrastructure Component National, and Regional Projects.
The Government of Quebec is contributing $285 million, with $190 million coming from the Société du Plan Nord, and $95 million from the Quebec Department of Transport, Sustainable Mobility and Transportation Electrification.
The success of Plan Nord depends on the Highway 389 Improvement Program, which will facilitate access to the region north of the 49th parallel, improve residents' quality of life and create the conditions required for companies to invest in mining development projects in the Labrador Trough.
This improved land link with Newfoundland and Labrador is vital to creating an economic corridor in northeastern Canada.
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