Feds to invest $6B to strengthen Canada’s trade and transportation infrastructure

The Government of Canada announced two trade infrastructure funds. Supported by $6 billion over seven years through Budget 2025, these investments will help build the infrastructure Canada needs to unlock access to new global markets.

Over the next decade, the funds could help generate $300 billion more in exports. These funds will be delivered by Transport Canada in partnership with the Canada Infrastructure Bank, Crown-Indigenous Relations and Northern Affairs Canada, the Canadian Northern Economic Development Agency, and National Defence.

“Canada is building the trade and transportation corridors of tomorrow. These infrastructure investments will create skilled, well-paid jobs, strengthen regional economies, and help Canadian businesses get their goods to new markets. They’re smart, strategic commitments to Canada’s long-term economic resilience and sovereignty,” said Steven MacKinnon, Minister of Transport.

These new funds will strengthen Canada’s trade corridors across ports, rail, and roads, ensuring Canadian products move efficiently to global markets. This includes:

• The $5 billion Trade Diversification Corridors Fund, which is intended to strengthen Canada’s trade corridors across ports, rail, and roads, ensuring Canadian products move efficiently to global markets;
• The $1 billion Arctic Infrastructure Fund to support dual-use – civilian / community and defence – transportation projects that reinforce Canada’s sovereignty, enable regional economic development, and connect Northern and Indigenous communities.

“This investment is a cornerstone of Canada’s mission to double our non-U.S. exports over the next decade. By expanding our export capacity and building modern trade corridors, we’re connecting Canadian businesses to fast-growing and reliable global markets. It strengthens the routes that move our critical minerals, clean technologies, agri-food, and manufactured goods, ensuring Canadian products reach the world faster and more competitively while advancing our climate goals and delivering real economic growth at home,” said Maninder Sidhu, Minister of International Trade. 

“The new $1-billion Arctic Infrastructure Fund represents a historic investment in the North and will create real, lasting benefits. By supporting critical infrastructure in our communities, we are building prosperity, independence, and opportunity for Northerners,” said Rebecca Alty, Minister of Crown-Indigenous Relations.

Featured image: Steven MacKinnon, Minister of Transport. (Government of Canada)