News / Port of Saint John grows as Canadian Pacific services gather steam

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The port of Saint John has raised fresh funding for its expansion plans, just as Canadian Pacific (CP) bags CMA CGM traffic for more growth.

Both the federal government in Ottawa and the province of New Brunswick have dug up funds to support its expansion and are pumping C$37.8m (US$29.9m) into the project, which will add a second berth and rail track to more than double rail capacity.

Transport Canada is allocating C$21m to increasing port capacity and pouring another C$21.16m into ...