Here come Chinese containers to Great White North
By Jerome R. Corsi
An agreement announced by Transport Canada last month advances toward reality the massive planning that has been done to develop the NAFTA Superhighway in Canada.
A July 30 press release on the website of Transport Canada, the Canadian government's counterpart to the U.S. Department of Transportation, announced the signing of a memorandum of understanding, or MOU, between the governments of Canada and the provinces of Ontario and Quebec to develop the "Continental Gateway and Trade Corridor."
The memorandum noted Ontario and Quebec are "vital contributors to the Canadian economy representing approximately 60 percent of Canada's exports and gross domestic product."
"The main objective of this MOU," the document continued, "is to establish this commercial gateway and trade corridor as a strategic, integrated and globally competitive transportation system that supports the movement of international trade."
The memorandum makes clear that the billions of dollars in toll-road highway construction and infrastructure development contemplated will be financed by private investors, including foreign investment consortia, under the model of "public-private partnerships," or PPPs.
The Ontario-Quebec segment of the Canadian Continental Gateway and Trade Corridor derives from a National Policy Framework for Strategic ...   more »