Named the Vancouver Fraser Port Authority (VFPA), it combines the Fraser River, North Fraser and Vancouver Port Authorities. Its jurisdiction will cover the combined land, water and assets of the ports. The three have been working together toward the amalgamation since early last year through blended functional teams that include representatives from each port authority. The VFPA will operate from the three existing port offices located in New Westminster, Richmond and at Canada Place in Vancouver.
In describing the purpose for creation of the VFPA, the aim is to be better positioned to plan and develop new port investment opportunities to facilitate circulation of goods to and from foreign markets. Additionally the new authority will have greater resources for land acquisition, river management and strategic infrastructure investments.
“With a broader scope and more influence, the Vancouver Fraser Port Authority will be able to further enrich our community partnerships and better commit to improving our levels of customer service,” claims Gordon Houston, chair, Lower Mainland Port Amalgamation Steering Committee. Canada’s largest port, Vancouver handles more than $40 billion in freight each year.