IMPLEMENTING OUR PLAN
Jervis Ports Inc. is the successor to the Third Crossing Society who studied the issues facing Canada and the Asia Pacific Gateway and focused on the issue of our port adequacies. To see their comprehensive 16 page report (plus informative appendices) click here.
Our goal is to establish new seaport facilities at Vancouver Bay and St. Vincent Bay on Jervis Inlet, in the Salish Sea, about 110 km northwest of Vancouver, Canada.
Our immediate mission
Land access to the planned port facilities (see map, above) requires a new rail and road corridor. To that end, on June 26, 2019 we submitted an “expression of interest” to the National Transportation Corridor Fund at Transport Canada, requesting funding to study the feasibility and cost of the corridor.
Transport Canada is now assessing our expression of interest. If they conclude that our project appears worthy, they will likely invite us to submit a “Comprehensive Business Proposal” which we expect to do before the end of 2019.
The Comprehensive Proposal will make our case for the proposed facilities and seek 50% funding for Class D engineering studies and an equivalent environmental impact assessment of the corridor.
The size of these facilities — whether measured by moorage space or number of berths — will 0be many multiples of the Terminal 2 facility planned for Roberts Bank, and large enough to accommodate growth in the traffic on the Asia Pacific Gateway for many decades.
In addition to preparing the Comprehensive Business Plan, we must also:
- Establish an appropriate form of partnership arrangement with the Sechelt Nation and seek the support of other First Nations, particularly the Squamish, who would be affected by the proposed ports’ operations and the corridor.
- Develop strong evidence to clearly establish that not only is there keen interest and enthusiasm within the industry for the port, but also that that interest and enthusiasm can be converted to participation at the port in future. We will mount a serious campaign to build this enthusiasm among exporters, importers, terminal operators, service providers, government organizations and others.
- Secure funding of the 50% balance of funding for the studies. The traditional funding, for the rail portion of such studies, has been the railway companies. Road and bridge components have ordinarily fallen to the BC Ministry of Transportation and Infrastructure. However, in this instance, the benefits flow to all of Canada, particularly western Canada. This suggests that other agencies such as Western Diversification, Trans Canada highway funding and perhaps others, through all the western provinces, should make contributions.
- To fund corporate activity that is not eligible for grants, we shall issue shares to interested members of the public, especially the many members and friends who have enthusiastically supported the Third Crossing Society over the years. It is intended that this issue will be made at $1.00 per share, the same price as the shares issued to the company’s founders.
It will be a very busy last half of 2019.
A winning proposal
If we are fortunate enough to be successful with our Comprehensive Business Proposal we will begin the Class D studies in accordance with input from First Nations. This means that together with First Nations we will identify suitable engineering firms and environmental consultants, prepare ‘Terms of Reference’ and seek proposals to conduct the studies. We will enter into contracts with the successful candidates and the studies will be conducted during 2020.
While the studies are being conducted we will focus on several main issues:
- Increase our marketing efforts to attract users to the port by identifying corporate decision makers, evaluating their needs at the proposed port and estimating their probability of using the port. Seek conditional commitment.
- Begin the process of developing professional staff
- Become prepared to make a professional evaluation of the findings of the Class D studies
- Consider funding issues regarding Class C studies
- Advance our understanding of, and solutions to, the several environmental issues that will confront Jervis Ports Inc.
- Begin the task of compiling financial assumptions and projections for the port.
- Advance capitalization issues for Jervis Ports Inc. including implications for First Nations.