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Transport Canada invests nearly $5M in Hamilton port to ease supply chain woes in steel industry

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The federal government and Hamilton-Oshawa Port Authority (HOPA) are hoping a new facility that will help transfer steel products between vehicles at the Hamilton port will ease supply chain congestion at the site. 

Transport Minister Omar Alghabra announced a federal investment of close to $5 million toward the $10 million project Wednesday in Hamilton, alongside two local Liberal MPs, Lisa Hepfner and Chad Collins.

“The Port of Hamilton is Ontario’s largest port and one of the busiest in Canada. Today’s investment will relieve supply chain congestion and help Canada compete in key global markets. This will strengthen our economy and create good paying jobs,” Alghabra said.

Supply of steel needed for construction, manufacturing

Alghabra said the new loading facility “will be used for transferring steel products more easily between vessels and other modes of transportation.” 

Ian Hamilton, HOPA president and CEO, said in a news release that the port is the key supply chain gateway for steel and other essential goods that feed the region’s economy.

“This investment will help to ensure a reliable supply of steel necessary for residential and civil construction projects and for Ontario manufacturers,” Hamilton said. 

Throughout the pandemic, supply chain issues have caused backlogs at ports around the world and frustration for Canadian businesses and shoppers alike. Some supply chains for certain items or sectors have been disrupted more than others — from sunflower oil to semiconductors used by the auto industry. Most recently, doctors and pharmacists in Canada have had trouble finding amoxicillin — an important antibiotic for treating bacterial infections in children.

The funding announced by Alghabra falls under the National Trade Corridors Fund for the Building Capacity in Canada’s Steel Supply Chain project. The transload facility project will be undertaken by the HOPA.

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