To Walter Kemmsies, the biggest threat to global trade isn’t protectionism, war or terrorism, disease, natural disasters or any of the usual triggers for economic catastrophe. Instead, try mounting congestion at global ports and the crumbling infrastructure surrounding them.
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In The News
'Buy America' squabble reveals cracks in cross-border relations
February 11, 2015
Alaska’s decision to scrap the controversial rebuilding of a remote B.C. ferry terminal is the inevitable postscript to a sad episode in Canada-U.S. relations.
Any contractor willing to take on the work would have faced the impossible choice of running afoul of either U.S. or Canadian law.
Canada and Israel improve transportation links
February 8, 2015
The Honourable Lisa Raitt, Canada’s Minister of Transport, was in Israel today to sign an Air Transport Agreement, a Declaration of Intent on Aviation Security, and a Memorandum of Understanding on transportation with Mr. Yisrael Katz, Israel’s Minister of Transport and Road Safety.
Funding announced for key upgrades to the Port of Montréal
February 8, 2015
...The three main components of the project involve expanding container capacity in the Viau sector, deepening vessel berths, and improving truck traffic flow in and around the port.
Minister Fast Concludes First Stop in Italy on European Trade Mission
February 8, 2015
The Honourable Ed Fast, Minister of International Trade, today concluded his second trade mission to Italy, promoting a deeper bilateral trade and investment relationship between the two countries...
Minister Fast met with government representatives...to discuss the growing Canada-Italy bilateral relationship, strengthened by the recently concluded Canada-EU trade agreement.