Port of Vancouver has announced that despite the extraordinary circumstances of COVID-19 the authority continues to work to deliver on critical trade-enabling projects such as Roberts Bank Terminal 2. The project will be implemented on public-private partnership mode and is not in the environmental assessment stage.
On Monday, March 30, the independent review panel released their environmental assessment report for Roberts Bank Terminal 2. The release of the review panel’s report marks a significant milestone in the environmental assessment process. The next steps in the environmental assessment include a decision from the Government of Canada on whether the project can proceed.
The project is also subject to regulatory approvals and permits, market conditions and a final investment decision. Construction would take approximately five-and-a-half years.
Country updates
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March 27, 2020
Sustainable Infrastructure Dividend Fund raises US$ 80 million
Middlefield group on behalf of Sustainable Infrastructure Dividend Fund has announced that the fund has completed its initial public offering of 8,000,000 units at a price of US$ 10 per unit for...
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March 26, 2020
City of Ottawa issues Notice of Default to Rideau Transit Group
The City of Ottawa in Canada has issued a Notice of Default to Rideau Transit Group, the partnership responsible for maintaining the Confederation Line LRT project. Rideau Transit Group is a general...
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March 16, 2020
Three qualified in USD1.9bn LRT PPP tender in Canada
The City of Edmonton on March 12, has shortlisted three teams that compete in the tender for Edmonton Valley Line West Light Rail Transit (LRT) public-private partnership project.
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March 13, 2020
CDPQ acquires Plenary Americas from Plenary Group
Caisse de dépôt et placement du Québec (CDPQ) has closed the acquisition of the Plenary Americas from Plenary Group. With this investment, CDPQ acquires Plenary Am...
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March 13, 2020
Bonds issued for Highway 104 project in Nova Scotia
The project owner of Highway 104 project in Nova Scotia, Dexter Nova Alliance GP (a consortium of BBGI 104 GP, Inc.(50%), Municipal 104 GP Limited (30%), and Nova 104 GP Limited (20%)) has issued...
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