The governments of Canada and B.C., along with the Vancouver Fraser Port Authority and the Tsawwassen First Nation, have announced an agreement to jointly fund a series of road and highway improvements in the Delta and Surrey regions of the province.
The estimated total cost is $245,176,671. The Government of Canada is contributing $81,671,139, the Government of B.C. is contributing approximately $80,000,000, the Vancouver Fraser Port Authority is contributing approximately $80,000,000 and the Tsawwassen First Nation is contributing $3,505,533.
This project involves five major improvements along three key, interconnected gateway corridors that will benefit communities by reducing congestion and boost Asia-Pacific trade opportunities. Included are upgrades to Highway 91, Highway 91 Connector, Highway 17, and Deltaport Way/27B Avenue. Once completed, these upgrades will increase capacity, efficiency and safety as truck and passenger traffic is expected to grow along these important trade corridors and Deltaport – the Port of Vancouver’s largest container terminal located at Roberts Bank in Delta.
Construction is expected to start in 2017 and to be completed by 2021, generating $194 million in economic benefit and an estimated 745 direct construction jobs over the course of the project. The project will also create economic and employment opportunities for the Tsawwassen First Nation.