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Saskatchewan News

Canadian Pacific Railway major tenant of Regina's Global Transportation Hub

Container yards moving from downtown Regina
Reported by Patrick Book
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The Government of Saskatchewan and Canadian Pacific (CP) Railway have announced the company is set to become another of the anchor tenants at the Global Transportation Hub -- another major economic development for the Regina area.

More than 100 years ago, CP Rail opened up the west bringing hundreds of thousands of European settlers to Saskatchewan.

Now, president and CEO Fred Green is hoping a new shipping facility west of Regina will help get hundreds of thousands of containers filled with goods to other parts of the world.

"We might be opening or reopening to the opportunities that are emerging," said Green.
 
Premier Brad Wall says that is of the utmost importance.
 
"Saskatchewan exported more than $460 million worth of agrifood products to China in 2009 and $460 million to India," said Wall.

The new container space will be about 15 times larger than the current container yards north of downtown. It could be complete as early as the end of next year.

Edited by News Talk Radio's Karen Brownlee.