In brief
The federal government has officially listed the Roberts Bank Terminal 2 expansion at the Port of Vancouver as a national interest project, with a planned 5.9 billion‑C$ investment that could increase container capacity by about 50 %. The designation aims to give regulatory certainty and is part of a strategy to double exports to non‑U.S. markets by 2035.
On Friday, Ottawa announced that the Canadian federal government has listed Roberts Bank Terminal 2 at the Port of Vancouver as a project of national interest.
According to Xinhua, the move will give regulatory certainty and accelerate commercial operations to 2035, up to four years ahead of schedule.
Transport Canada said the project will see a 5.9‑billion‑Canadian‑dollar investment, expected to raise the port’s container capacity by roughly 50 %, adding 2.4 million containers of annual processing capacity.
The designation is part of a broader strategy to cut reliance on the U.S. market and double Canada’s exports to non‑U.S. markets by 2035.
The expanded terminal is slated to support up to 100 billion Canadian dollars in annual trade, according to the government’s figures.
Negotiations are on track for a Final Investment Decision by mid‑2027, placing the project firmly on a viable path toward completion.
No conflicting statements have been reported; all sources agree on the designation and its projected benefits.