The Government of Canada contributed $55.2 million to the Saguenay Port Authority. The Government of Quebec, meanwhile, offered a loan, repayable through fees, of a maximum of $36.8 million from the Department of Economy, Innovation and Energy, as well as $19.2 million in financial aid from the Department of Transport and Sustainable Mobility.

“Today, we continue to invest in the Port of Saguenay to consolidate an important commercial corridor and encourage the creation of quality jobs for the workers of Saguenay. A robust supply chain benefits all Canadians, and with our investments, we continue to forge ahead with a green shift for our Maritime shipping routes.”

Pablo Rodriguez,
Minister of Transport and Quebec Lieutenant

“This investment from our government will allow the Saguenay Port Authority to offer high-performing infrastructure to businesses in the area. Planning this conveyor will greatly solidify the position of the industrial port zone in bulk transport.”

Pierre Fitzgibbon,
Minister of Economy, Innovation and Energy and the Minister Responsible for the Metropolis and the Montréal Region

“By reducing trucking, the establishment of the conveyor will help to reduce the environmental footprint of many of our industries. I am very glad to see this initiative from the Saguenay Port Authority take form, thanks to businesses from the Saguenay–Lac-Saint-Jean region. And finally, it will be an additional milestone to attract new players in the industrial port zone and the Port of Saguenay.”

Andrée Laforest,
Minister of Municipal Affairs and the Minister Responsible for the Saguenay–Lac-Saint-Jean Region

“The Port of Saguenay contributes positively to the economy of Saguenay–Lac-Saint-Jean by encouraging commercial exchange and industrial development. By supporting the Saguenay Port Authority’s project, our government is demonstrating its commitment to better equipping the regions for prosperity, thereby benefitting all of Quebec.”

François Tremblay,
member for Dubuc and Parliamentary Assistant to the Minister of Tourism

“The investments announced today confirm the strategic importance of the Port of Saguenay and its industrial port zone for the economies of Quebec and Canada. We are very proud to have been named a priority site for the development of large industrial projects, and we thank the governments for their engagement and support.”

Carle Laberge,
President and Director General of the Saguenay Port Authority

• The Saguenay Port Authority is an autonomous federal corporation formed by the Canada Marine Act in 1999. It manages a maritime deep-water port as well as a huge industrial zone of approximately 1,000 hectares dedicated to logistics activities and large industry.

• In August 2021, the Government of Quebec announced the granting of contributions of as much as $33 million to the Saguenay Port Authority for the construction of a Mechanized Multi-User Bulk Transport System. This amount was raised by $56 million due to the current economic context.

Laura Scaffidi
Press Secretary
Office of the Minister of Transport, Ottawa
laura.scaffidi@tc.gc.ca

Mathieu St-Amand 
Director of Communications
Office of the Minister of Economy, Innovation and Energy and the Minister Responsible for the Metropolis and the Montreal Region
418-691-5650

Élodie Masson
Press Secretary
Office of the Minister of Municipal Affairs and the Minister Responsible for the Saguenay–Lac-Saint-Jean Region
367-990-8017
elodie.masson@mam.gouv.qc.ca

Stéphane Bégin
Press Secretary
Office of the Minister for the Region
418-540-5868
stephane.begin@assnat.qc.ca

Media Relations
Transport Canada, Ottawa
613-993-0055
media@tc.gc.ca

Jean-Pierre D’Auteuil
Media Relations Lead
Communications Directorate
Department of Economy, Innovation and Energy
418-559-0710
relationsmedias@economie.gouv.qc.ca