Summary of Cost-Benefit/Impact Analyses Projects and Initiatives to Be Cost Recovered Through GIF2022
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Summary of cost-benefit/impact analyses Projects and initiatives to be cost recovered through GIF2022 November 2020 Vancouver Fraser Port Authority Vancouver Fraser Port Authority Summary of cost-benefit/impact analyses – projects and initiatives to be cost recovered through GIF2022 Contents 1. About GIF2022 and this document ............................................................................................ 1 2. Pre-funding leverages government and partner funding ........................................................... 2 3. Projects to be cost recovered through GIF2022 ........................................................................ 2 4. Cost-benefit/impact analysis summary ...................................................................................... 3 4.1. Burrard Inlet Line Double Tracking Project .......................................................................... 3 4.2. Heatley Diamond Reconfiguration ........................................................................................ 3 4.3. Highway 91/17 and Deltaport Way Upgrade Project ............................................................ 4 4.4. Glen Valley Double Tracking ................................................................................................ 4 4.5. GTCF Technical Analysis and Engagement ........................................................................ 5 5. Costs allocated to terminals east of the Second Narrows Rail Bridge ...................................... 5 6. Allocation of costs to trade areas and groups of terminals ....................................................... 6 Appendices: • Greater Vancouver Gateway 2030 – May 2017 • Greater Vancouver Gateway 2030: Cost-Benefit Analysis Supplementary Documentation – November 6, 2017 • Gateway Rail Assessment 2030 Executive Summary – April 6, 2018 • Second Narrows Rail Bridge Capacity Analysis – Summary of Rail Capacity Analysis Methodology – November 6, 2020 2020-11 ii Vancouver Fraser Port Authority Summary of cost-benefit/impact analyses – projects and initiatives to be cost recovered through GIF2022 1. About GIF2022 and this document On January 1, 2022, the Vancouver Fraser Port Authority will implement a new fee called the Gateway Infrastructure Fee 2022 (GIF2022). The fee will recover 90% of contributions that the port authority is pre- funding, on behalf of industry, towards infrastructure projects and initiatives to increase the fluidity of the gateway. The port authority will be contributing the remaining 10% from its revenues. This document, along with its appendices, provides an overview of cost-benefit/impact analyses related to the projects or initiatives that will be cost-recovered through GIF2022. Four documents are appended: Appendix name Author Overview Greater Vancouver Gateway Greater Vancouver Gateway 2030 (GVG2030) is the Gateway 2030 Transportation Gateway Transportation Collaboration Forum’s (GTCF) (GVG2030) Collaboration strategy for smart infrastructure investment to remove Forum bottlenecks impeding the growth of trade, while addressing May 2017 the community impacts of goods movement and population growth. This document outlines nearly 40 initial projects and initiatives identified by the GTCF through consultation with industry, municipalities, Indigenous groups and government agencies. Greater Vancouver HDR HDR’s report provides a cost-benefit analysis of full suite of Gateway 2030: Cost- projects outlined in GVG2030. This document was Benefit Analysis appended to the funding applications submitted by GTCF Supplementary members in 2017 and 2019 to the National Trade Corridors Documentation Fund. (HDR) Overall, this analysis determined that every $1 invested in November 6, 2017 GVG2030 projects would generate $2.32 in public benefits, for a total of $4 billion in benefits to Canadians. Gateway Rail Mott MacDonald Mott MacDonald was commissioned to interview industry Assessment 2030 stakeholders to understand forecasted growth to 2030 and (MM1) identify rail capacity. Mott MacDonald then modelled the rail network to identify and prioritize infrastructure April 6, 2018 investments on rail corridors for the year 2030 and beyond. This document also provides a usage breakdown of infrastructure improvements by trade area. Second Narrows Rail Mott MacDonald This technical memo summarizes methodology and results Bridge Capacity of work undertaken to quantify the demand placed on the Analysis – Summary Second Narrows Rail Bridge from vessels transiting to and of Rail Capacity from terminals east of the bridge, and therefore the Analysis requirement for additional rail capacity to the North Shore Methodology Trade Area as a result of the operations of these terminals. (MM2) November 6, 2020 2020-11 | Page 1 of 5 Vancouver Fraser Port Authority Summary of cost-benefit/impact analyses – projects and initiatives to be cost recovered through GIF2022 2. Pre-funding leverages government and partner funding Since 2017, the Vancouver Fraser Port Authority and its partners have been seeking federal funding for priority gateway infrastructure projects across the Vancouver gateway. Funding commitments and pre- funding contributions from the port authority, on behalf of industry, will leverage investments from others—including the federal government through the National Trade Corridors Fund, the provincial government, municipalities, railways and private sector industry—into trade-enabling projects that will benefit the greater Vancouver gateway. The port authority has committed $380 million in pre-funding towards the capital projects and initiatives noted below, which will be cost recovered through GIF2022. By committing this pre-funding, the port authority and industry are leveraging approximately $2 million from the federal and provincial governments and other partners for every $1 million being pre-funded. 3. Projects to be cost recovered through GIF2022 This table outlines the projects and initiatives that will be cost recovered through GIF2022, and where information related to cost-benefit/impact analysis for each can be found: Project name Pre-funding CBA/CIA ($Million) Pitt Meadows Road and Rail Improvements Project (Harris Road $61 GVG 2030, HDR, Underpass and Kennedy Road Overpass Project) MM1, MM2, Section 5 Mountain Highway Underpass Project $6 GVG 2030, HDR, MM1 Westwood Street and Kingsway Avenue Grade-Separations Project $2 GVG 2030, HDR, (planning study) MM1, MM2, Section 5 Pitt River Road and Colony Farm Road Rail Overpasses Project $2 GVG 2030, HDR, (planning study) MM1, MM2, Section 5 Burrard Inlet Road and Rail Improvements Project – Centennial $55 GVG 2030, HDR, Road Overpass, Waterfront Road Access Improvements, MM1 Commissioner Street Road and Rail Expansion, and rail improvements along CP Cascade Subdivision Burnaby Rail Corridor Improvement Project/Holdom Overpass $58 GVG 2030, HDR, (formerly North Shore Corridor Capacity Improvements Project) - MM1, MM2, Thornton Rail Tunnel Ventilation Upgrades, Rail Corridor Section 5 Improvements, Holdom Road Overpass Portside Blundell Overpass and Upgrades Project $42 GVG 2030, HDR, MM1 Fraser Surrey Port Lands Transportation Improvement Project $13 GVG 2030, HDR, MM1 BI Line Double Tracking Project $29 Section 4.1 Heatley Diamond Reconfiguration $6 Section 4.2 Highway 91/17 and Deltaport Way Upgrade Project $88 Section 4.3 Glen Valley Double Tracking $10 Section 4.4 GTCF Technical Analysis and Engagement $8 Section 4.5 Total $380 2020-11 | Page 2 of 6 Vancouver Fraser Port Authority Summary of cost-benefit/impact analyses – projects and initiatives to be cost recovered through GIF2022 4. Cost-benefit/impact analysis summary Please refer to the appendices for cost-benefit/impact analysis for the following projects and initiatives: • Pitt Meadows Road and Rail Improvements Project (formerly Harris Road Underpass and Kennedy Road Overpass Project) • Mountain Highway Underpass Project • Westwood Street and Kingsway Avenue Grade-Separations Project (planning study) • Pitt River Road and Colony Farm Road Rail Overpasses Project (planning study) • Burrard Inlet Road and Rail Improvements Project – Centennial Road Overpass, Waterfront Road Access Improvements, Commissioner Street Road and Rail Expansion, and rail improvements along CP Cascade Subdivision • Burnaby Rail Corridor Improvement Project/Holdom Overpass (formerly North Shore Corridor Capacity Improvements Project) - Thornton Rail Tunnel Ventilation Upgrades, Rail Corridor Improvements, Holdom Road Overpass • Portside Blundell Overpass and Upgrades Project • Fraser Surrey Port Lands Transportation Improvement Project The remainder of this section provides analysis for projects and initiatives not covered in the appendices. 4.1. Burrard Inlet Line Double Tracking Project The Burrard Inlet Line (BI Line) is CN’s primary access to the South Shore Trade Area to service the Centerm and Vanterm container terminals. The BI Line Double Tracking Project would increase the capacity of the BI Line to support anticipated growth in trade through the Port of Vancouver. It would also make the south shore rail network more resilient to disruptions by ensuring that an alternate route for south shore access to the North American rail network is maintained. Current rail operations along BI Line are constrained by not only the presence of five at-grade road crossings, which limit the flexibility of train positioning opportunities, but by the restriction associated with a capacity-constrained, single-track corridor. These limitations