Federal budget pledges supply chain fix- but experts say it’s not enough - National | Globalnews.ca

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Federal budget pledges supply chain fix- but experts say it’s not enough - National | Globalnews.ca
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Federal budget pledges supply chain fix- but experts say it’s not enough

issues, but experts say it falls far short of the kind of comprehensive strategy needed to address longstanding problems.commits $603 million over five years to support transportation network upgrades such as port or rail expansions on top of the $4.2 billion allocated to the National Trade Corridors Fund since 2017.

“The government’s kind of under the illusion that if they sign trade agreements, goods just get put on a magic carpet and somehow arrive in foreign markets,” he said in an interview.Story continues below advertisementThe United States, European Union, Australia and Switzerland have overarching transport infrastructure strategies, the European Court of Auditors found last year. Canada does not.

Difficulties with congestion persist in hubs such as the Port of Vancouver, but capacity is not the only obstacle to freight traffic. The ongoing national infrastructure assessment as well as a supply chain task force established by Ottawa in January aim to put forward solutions. But past reports with similar goals have had mixed results.The Canada Transportation Act review, completed in 2016 after two years of study and stakeholder consultations, highlighted potential actions to bolster the country’s economic health over the coming decades.

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