Monday, September 13, 2010

News Release

From the Prime Minister's Web Site (http://www.pm.gc.ca/)



PM announces support for revitalization of the Relance Terminal

Canada's Economic Action Plan
September 13, 2010
Sept-Îles, Quebec

Prime Minister Stephen Harper today announced support for the second phase of revitalizing the Relance Terminal in the Port of Sept-Îles. The Prime Minister also welcomed the significant progress achieved on the first phase of the revitalization, initiated in September 2009, which also received Economic Action Plan funding. This Economic Action Plan initiative will create long-term jobs, improve the competitiveness of local industries and promote economic growth in Sept-Îles and the surrounding regions.

"The Port of Sept-Îles is the cornerstone of the economy of this region," Prime Minister Harper said. "The modernization of the Relance Terminal will create greater economic opportunities for the businesses and industries of Quebec's North Shore and will provide local businesses with better access to foreign markets. This investment will generate long-term benefits for the region."

The modernization of the Relance Terminal, the largest marine port terminal for the aluminum industry in the Americas, will improve harbour and port operations by increasing its storage capacity for raw natural resources and increasing the pier's shipping capacity for aluminum.

"Canada's Economic Action Plan is enabling this country to emerge from the global recession with a more competitive and modern economy," the Prime Minister added. "It is helping Canada do significantly better than many advanced countries during this difficult economic period."

The Government of Canada is supporting the revitalization of the Relance Terminal through its Infrastructure Stimulus Fund (ISF), part of Canada's Economic Action Plan. The ISF supports provincial, territorial, municipal and community infrastructure projects that are construction-ready. This initiative is being undertaken in co-operation with the Port of Sept-Îles.
The Prime Minister's Office - Communications
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