Ottawa approves $3.5-billion B.C. container terminal


Source: theglobeandmail.com theglobeandmail.com

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The port authority views the signed agreements as formal consent for RBT2.William Jans Photography/Vancouver Fraser Port Authority The federal government has approved the Port of Vancouver’s proposed $3.5-billion container terminal, saying the project will spur economic growth while complying with environmental rules. The government cleared the way for construction of the Roberts Bank Terminal 2 project, or RBT2, subject to 370 legally binding conditions. At stake is the Canadian government’s mission to strengthen the country’s Asia-Pacific gateway strategy. Ottawa wants to ensure that Canada’s largest port is well positioned to handle increased transpacific trade, including shipments to and from China....