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Atlantic Provinces and Federal Government Reach Understanding.

By ReNew Canada 07:41AM October 15, 2007

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The federal government and the provinces of Nova Scotia, New Brunswick, Prince Edward Island and Newfoundland and Labrador have announced the signing of a Memorandum of Understanding on the development of Canada’s Atlantic Gateway. The goal is to establish a strategic, integrated and globally competitive transportation system to facilitate global trade.

“Canada’s prosperity and quality of life depend on our success as a trading nation,” said Peter MacKay, minister of the Atlantic Canada Opportunities Agency. “An Atlantic Gateway strategy will benefit the Atlantic region and all of Canada by taking advantage of the region’s geographical position and transportation assets.”

The official strategy will be developed over the next 24 months and will be in line with the government’s National Policy Framework for Strategic Gateways and Trade Corridors.

More information about the Memorandum of Understanding can be found here and details about the National Policy Framework for Strategic Gateways and Trade Corridors can be found here.

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