Transportation Economics of Canada Samples †MyAssignmenthelp.com

Question: Discuss about the Transportation Economics of Canada. Answer: Transportation sector of Canada and recent government initiatives Transportation sector is one of the integral part of Canadian economy. A significant portion of nations 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 nations 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). References Discussion Paper - Canada Transportation Act Review - Government of Canada. (2018).Tc.gc.ca. Retrieved 23 March 2018, from https://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