GCT Submits Deltaport Berth 4 Expansion Project to Major Project Office, Urging Federal Support

Strategic Insights -

Global Container Terminals (GCT) has submitted its Deltaport Berth 4 expansion project to the new Major Project Office through the official Project Intake Form. The company is urging the Government of Canada to place DP4 on the Projects of National Interest List, citing its critical role in strengthening Canada's supply chains, driving private-sector investment, and securing the country's position as a global trade leader. According to Eric Waltz, President and CEO of GCT, the project aligns with the federal government's vision for economic competitiveness and clean growth. GCT emphasizes that DP4 directly supports Prime Minister Carney's national priorities, including trade expansion, supply chain security, climate-conscious growth, and attracting private-sector investment.

Key Takeaways:

  • The Deltaport Berth 4 expansion project is designed to incrementally increase container capacity while minimizing environmental impacts and maximizing economic benefits.
  • If approved and constructed, DP4 would boost Canada's container handling capacity by more than 2 million TEUs to support diversifying trade partners and trade with Asia.
  • The project is expected to create over 10,000 jobs across British Columbia and Canada during construction and operations.
  • DP4 would contribute billions of dollars to GDP growth and strengthen national supply chain resilience.
  • The project would deliver leading-edge environmental performance through electrification and Net-Zero commitment, deployment of shore power, and building of ecological habitat offsets.
  • GCT emphasizes that DP4 is a privately funded project that aligns with the federal government's vision for economic competitiveness and clean growth.
  • The project supports Prime Minister Carney's national priorities, including trade expansion, supply chain security, climate-conscious growth, and attracting private-sector investment.
  • By placing DP4 on the Projects of National Interest List, the federal government would ensure a coordinated and efficient regulatory process and send a strong signal to global investors that Canada is a safe harbour for investment.
  • GCT is a majority Canadian-owned operator at the Port of Vancouver and a key player in Canada's Pacific Gateway, managing two Green Marine-certified gateway terminals: GCT Vanterm in Vancouver and GCT Deltaport in Delta.

Statistics:

  • Over 2 million TEUs of increased container handling capacity
  • Over 10,000 jobs created during construction and operations
  • Billions of dollars in GDP growth
  • 10-fold increase in environmental performance through electrification, shore power, and ecological habitat offsets
  • GCT handles over 3 million TEUs annually at its two Green Marine-certified terminals, GCT Vanterm in Vancouver and GCT Deltaport in Delta

Sources:

  • Close Up Media, "GCT Submits Deltaport Berth 4 Expansion Project to Major Project Office, Urging Federal Support" (no date)
  • Global Container Terminals, "About GCT" (www.globalterminals.com)