Government of Canada announces business case contract for the new bridge for the St. Lawrence
For release - July 31, 2012
OTTAWA — The Government of Canada today announced that it has selected a PricewaterhouseCoopers-led consortium to provide expert financial, technical and engineering services for the construction of the new bridge for the St. Lawrence, including the development of the business case for the project.
The business case includes an in-depth analysis of the preferred method for procurement and construction of the bridge. The development of traffic and revenue forecasts, as well as preliminary engineering work to identify possible options and their costs, will also be completed in this phase of the project.
The preparation of the business case will take a maximum of 18 months to complete. Updates on progress and consultation activities will continue to be provided throughout the planning process and construction phase.
With an estimated $20 billion in international trade crossing the Champlain Bridge annually, this corridor is a significant part of the regional economy and Canada’s economy as a whole. An efficient transportation corridor for commuters, public transit users and commercial vehicles is essential to ensuring the quality of life of residents and workers in greater Montreal.
Canada’s Economic Action Plan 2012 focuses on creating new opportunities for jobs and growth, and ensuring long-term prosperity for Canadians. Strengthening infrastructure across the country is an important part of this plan. Thanks to the Government of Canada’s leadership, and our strong economic and financial fundamentals, the Canadian economy has recovered from the global recession better than most other industrialized countries. Canada has been a leader among G-7 countries throughout the recovery, with more than 765,000 net new jobs created since July 2009. Find out more about the opportunities in Economic Action Plan 2012 at www.budget.gc.ca/2012/home-accueil-eng.html.
For more information about the new bridge for the St. Lawrence, please visit www.tc.gc.ca/nbfsl.
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