>

ort contributes bi

Mol

THE PORT of Vancouver can throw
around some pretty big numbers.

The movement of cargo and
cruise ship passengers through the
port supports 9,165 jobs and an
annual payroll of $428 million in
wages and benefits.

Capital improvements and oper-
ating costs for the port industry gen-
erates over $300 million in annual
expenditures,

More than $4.4 million in grants

in lieu of taxes was paid to sur--

rounding municipalities by the port
in 1993.

In all, the total property tax and
grants paid by the port community
amounted to more than $30 million
in 1992.

The port handled more than 60.8
tnillion tonnes of cargo in 1993, with
_a value of more than $38 billion.

- And the port's influence extends

°* far beyond. the North Shore and
-, Lower Mainland.

" Across Canada, another 62,000
people are employed in producing,
transporting or processing goods
that move through the port.

The port moves coal, grains,

lars to econor

potash, sulphur, forest products and
contiinerized cargoes, the most
rapidly growing component of the
port's business.

Managing the port that generates
those massive numbers is the
Vancouver Port Corporation, a fed-
eral Crown corporation established
in 1983,

VPC is financially self-sufficient,
generating revenue from sources
such us harbor dues, wharfage and
berthage fees, special assessments,
and lease payments from tenants,

The revenues must cover opera-
tional expenses and capital. expan-
sion projects.

“In other words, the Vancouver
Port Corporation reinvests its profits
in the port to ensure an efficient and
competitive environment
Canadian international trade, as well
as domestic coastal trade,” states the
port's land use management plan
called Port 2010,

However, the VPC does not just
manage the port for business. It rec-

‘ognizes it must balance customer
; demand with those of sustainable

development, public consultation

"\OUR WAYS ARE
A BEST FOR YOU

for |

y

and competing demands for water-

"front use.

“VPC is committed to processes
that enable it to meet this challenge
proactively — a challenge miade
more difficult and whose manage-
ment is made more essential given
that the Port of Vancouver is bor-
dered by some of the riation’s fastest
growing municipalities, and is con-
tained within a region of unmistak-
ably high environmental quality and
amenity,” states Port 2010.

PROUD T 0. pe A PART ©
PORT DAY —

g urrard clean operations,

A division of Western Canada Marine Response Corporation \\.
Unit 110-80 Orwell Street, North Vancouver, B.C. V7] IRS Tel: (604) 985-0855 Fax: (604) 985-0955 |

hon

{re Hy

Alberta Pool, United Grain Growers
& Pacific Elevators

Welcomes You To Port Day

7

|

United Grain Growers

Meeting Farmen’ Busines Needs