Transportation Economics: Canadian Transport Sector and Initiatives

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This report provides an analysis of the Canadian transportation sector, focusing on its economic significance and the impact of government initiatives. It highlights the 'Roberts Bank Rail Corridor' project, aimed at improving rail infrastructure and reducing road congestion. The report also examines the 'Calgary and Edmonton Ring Roads' project, which enhances road connectivity and influences real estate development. Furthermore, it discusses the 'Regina Bypass' project, designed to address traffic demands and support commercial growth in Saskatchewan. The report concludes with a review of 'Transport Canada's' action plan, which emphasizes border infrastructure, security, and technological advancements, alongside the government's efforts to promote a greener transportation system. The report references sources from the Government of Canada and the Canadian Council of Motor Transport Administrators, providing a comprehensive overview of the sector's developments and challenges.
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Running Head: TRANSPORTATION ECONOMICS
Transportation Economics
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1TRANSPORTATION ECONOMICS
Table of Contents
Transport sector of Canada and recent government initiatives..................................................2
References..................................................................................................................................3
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2TRANSPORTATION ECONOMICS
Transportation sector of Canada and recent government initiatives
Transportation sector is one of the integral part of Canadian economy. A significant
portion of nation’s GDP is contributed from the single sector (tc.gc.ca, 2018). The
government has undertaken different transportation projects to improve modes of
transportation in different provinces of Canada.
In 2007, a project named ‘The Roberts Bank Rail Corridor’ was initiated. This is a 70
km stretched railway network that connects a major coal terminal and largest container at
Robert Banks with rail network of North America. The completion of the project will provide
significant relief to the road users and will help to enhance rail operation by increasing
competitiveness.
A road project ‘Calgary and Edmonton Ring Roads’ was undertaken to improve road
connectivity at the province Alberta. Under this projects ring roads are developed to connect
the four legs of highways that surrounds major urban areas. The project has already achieved
successful result in terms of shifting real estate due to close proximity of the built ring roads
to both rail and bus transit.
‘Regina Bypass’ is a government initiated project in Saskatchewan that aims at
developing a high speed, four-lane segmented highway corridor in the Regina region
(comt.ca, 2014). The current state of transportation infrastructure in the region lacks
adequacy to serve the traffic demand in the region and hence, limits commercial growth.
‘Transport Canada’, an action plan has developed to implement a border
infrastructure, security initiatives and technology enhancement for the nation’s transportation
as a whole. However, recently Canadian government has taken steps to achieve a greener
transportation system by the year 2018 (tc.gc.ca 2018).
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4TRANSPORTATION ECONOMICS
References
Discussion Paper - Canada Transportation Act Review - Government of Canada.
(2018). Tc.gc.ca. Retrieved 23 March 2018, from
http://www.tc.gc.ca/eng/ctareview2014/discussion-paper.html
Transportation and The Economy. (2018). Comt.ca. Retrieved 23 March 2018, from
https://comt.ca/reports/economy-en-2014.pdf
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