Transport Canada announces $75M in funding for export terminal at Port of Prince Rupert

By Michelle Gomez
CBC News
November 16, 2022
Category: Business & Politics
Region: Canada, Canada West

The federal government is investing nearly $75 million to increase capacity at a coal export terminal at the Port of Prince Rupert, the transport minister announced Wednesday. The funding will go toward building a second berth at Trigon Pacific Terminals on B.C.’s northwest coast. With Trigon’s contribution, the total investment in the project would be $163.1 million. “The Port of Prince Rupert helps keep our economy connected to key global markets,” said Transport Minister Omar Alghabra at the Wednesday announcement. …CEO Rob Booker says the terminal may also be used to export wood pellets and mineral concentrates. He adds that while Trigon will continue to export metallurgical coal, diversifying to other forms of energy is an important step. “Accelerating that transition away from purely coal is an obvious thing given that the world is moving away from thermal coal,” said Booker. 

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