A $75 million support investment to build a second berth at Trigon Pacific Terminal on Ridley Island was announced by the Ministry of Transportation on Nov. 16.
The funding, which will expand the export capacity in Prince Rupert, comes from the $4.6 billion National Trade Corridor fund.
Rob Booker, president and CEO of Trigon Pacific Terminals, said the financial announcement makes it an 鈥渆xtremely exciting day,鈥 and the B2BC (Berth 2 Before Carbon) project is a 鈥渓ynchpin鈥 to the terminal鈥檚 future.
鈥淭rigon has been a vital connection point between Canada, exporters and global customers for nearly 40 years. We are determined to expand and sustain this role for decades into the future,鈥 Booker said.
The project will position the community to become Canada鈥檚 first western export terminal to be purpose designed for hydrogen-based and other low-carbon fuels.
鈥淧rince Rupert may seem remote, but I think as most Canadians know and appreciate 鈥 remote does not mean unimportant. That is truly the case in Prince Rupert,鈥 the Trigon CEO said.
Upon the anticipated 2026 completion, the development will increase throughput to almost double capacity, improve the efficiency of existing berths and add a platform for commodity diversification leading to nine million tonnes of clean energy exports annually.
The expansion, to start in the next couple of weeks, will 鈥渕ost certainly鈥 change the mix of commodities shipped from the port terminal much faster than seen a couple of years ago, Booker said.
鈥淭his announcement will leapfrog us ahead. It creates a pathway for proponents to make investment decisions. The world is asking for safe, reliable supply of green energy export. Today, Canada has clearly communicated to the global community that we are that supplier.鈥
鈥淎t the other end of the rail line that stops here at Trigon, you find some of Canada鈥檚 most important energy-producing regions, regions that have huge endowments of both natural resources and the expertise needed to responsibly develop them from production to green energy supply.鈥
Booker said to the east of Prince Rupert, shipping lines carry the hugely demanded products to global markets, which will make a difference on addressing climate change.
Minister of Transportation Omar Alghabra said Prince Rupert is one of the most important ports in Canada鈥檚 supply chain.
鈥淥nce complete, this project will reduce congestion at the port and allow Trigon Pacific to increase trade with our partners overseas. The new berth will allow more ships at dock at the Port of Prince Rupert and will be used to export products that support clean energy to global markets.鈥
鈥淏eing North America鈥檚 closest port to Asia, the Port of Prince Rupert helps keep our economy connected to key global markets,鈥滱lghabra said.
Shaun Stevenson, president and CEO of the Prince Rupert Port Authority, said more than $60 billion of trade is anchored through the city鈥檚 port annually.
鈥淚nvestments like this, in terminals like Trigon Pacific, recognize the strategic importance 鈥 of Prince Rupert for the future,鈥 he said.
Booker stressed the essential nature of having strong alignment with First Nations communities, businesses and government.
鈥淚鈥檇 go one step further to say that it鈥檚 not only alignment with First Nations, but we have great encouragement, foresight and leadership, something that I鈥檓 incredibly grateful for 鈥 We have the attributes needed to become one of Canada鈥檚 premier green energy export hubs. As of today, we have the funding needed to build out the foundational infrastructure.鈥
Mayor of Lax Kw鈥檃laams, Gary Reece, said vibrant trade through the North Coast region is thousands of years old and, like this new project, was developed through relationships built on ingenuity, hard work and determination. As part owners of Trigon Pacific, he said they have the satisfaction of knowing that鈥檚 happening in a way that will help safeguard the natural beauty and vibrancy of regions like the North Coast.
鈥淟ayered upon this foundation has been a key objective has always been to seek out a progressive future, looking at economic opportunities for our people 鈥 opportunities that will sustain our people鈥檚 well-being for generations to come. That鈥檚 what makes Trigon鈥檚 second berth such an exciting project. It not only creates training, employment and procurement opportunities but has also been designed to help this terminal transition to a more sustainable future,鈥 Reece said.
K-J Millar | Editor and Multimedia Journalist
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