# Canada Fast-Tracks Roberts Bank Terminal 2

Canada has designated the $5.9 billion Roberts Bank Terminal 2 expansion a project of national interest, advancing the Port of Vancouver project’s target for commercial operations by up to four years, to 2035. The Vancouver Fraser Port Authority has selected TerraMarine as its preferred construction partner, and a final investment decision is expected by mid-2027. For contractors, the acceleration creates a nearer-term planning horizon for upcoming procurement activity, while environmental conditions and First Nations engagement remain important project considerations.

- **Why this matters:** The project is a major container-terminal expansion with an estimated capital cost of $5.9 billion, creating potential construction and related contracting opportunities.
- TerraMarine is the preferred construction partner; its selection does not, on the information provided, establish that a final investment decision or construction award has been made.
- Contractors can use the project registry to follow upcoming procurement activity and assess how environmental conditions and First Nations engagement may affect project planning.
- The final investment decision is expected by mid-2027, with commercial operations targeted for 2035.

**Jurisdictions:** international
**Industries:** Construction & Infrastructure, Transportation
**Topics:** Physical Infrastructure
**Published:** October 31, 2026

### Government Entities
- Transport Canada
- Vancouver Fraser Port Authority
- Government of British Columbia

### Vendors
- TerraMarine (preferred construction contractor)

### Key Quotes
> It is time to decide and move on.
> — Steven MacKinnon, Transport Minister

### Sources
- [Ottawa Fast-Tracks Roberts Bank Terminal 2, Moving Port of Vancouver Expansion Up to 2035 | Business Examiner](https://businessexaminer.ca/bc-news/item/ottawa-fast-tracks-roberts-bank-terminal-2-moving-port-of-vancouver-expansion) - Business Examiner