The Montreal Port Authority (MPA) is calling for more cash from the Federal government…
The Montreal Port Authority (MPA) is calling for more cash from the Federal government. Martin Imbleau, CEO, MPA, has said that costs to develop the new Contrecoeur container terminal have increased by nearly 50 per cent and as a result “urgent” financial help is needed. Current reports are indicating that the original project cost of C$950 million has now risen to C$1.4bn. The federal government has acknowledged the need to help but is yet to clarify any specific details.