From 2013 to 2023, estimated costs for the Port of Vancouver’s Roberts Bank Terminal 2 (RBT2) project ballooned from $2.4 billion to more than $3.5 billion. The actual cost is going to be billions more. Also, in 2023, it was reported that the Port of Vancouver’s projected cost for the Harris Road underpass project had more than tripled from $63 million to $190 million. Not to mention warnings from Environment Canada about the impacts of the project and the unneeded container terminal capacity that RBT2 has created.
Fortunately, there is a way to avoid this headline.
GCT Global Container Terminals Deltaport Berth 4 (DP4) project is a smart, incremental, market-driven, environmentally-conscious plan to add timely container terminal capacity at Roberts Bank in Delta, B.C. DP4 will be full funded by Canadian private investment, which ensures no risk for taxpayers or businesses conducting trade, and frees up billions in public funds that could be better deployed elsewhere – like upgrading Canada’s Pacific Gateway infrastructure with projects that will make it and the supply chain more resilient and sustainable.
The four-year construction of DP4 will result in more than $2 billion of economic activity in B.C. and across Canada, and contribute more than $1 billion to Canada’s GDP. Once completed, DP4 will generate more than $1.6 billion of economic activity in B.C. and across Canada, and contribute more than $1.2 billion to Canada’s GDP. During construction, DP4 will create 10,000 jobs and once complete will support 6,900 jobs annually.
Learn more at Betterdeltaport.ca