"We are pleased to receive the confirmation of amalgamation that will allow us to complete the process to become one Canada Port Authority," said Sarah Morgan-Silvester, Chair, Lower Mainland Port Amalgamation Transition Committee. "We look forward to maximizing our contribution to Lower Mainland communities, and regional and national economies."

As part of the amalgamation process, the three port authorities have developed blended functional teams that include representatives from each authority who have been working cooperatively since early 2007 toward the same amalgamation goals.

The VFPA's jurisdiction will encompass the combined land, water and assets of the existing three Canada Port Authorities. The amalgamated port will be well positioned to better coordinate port planning and develop new investment opportunities that will facilitate the circulation of goods to and from foreign markets. The VFPA will also 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," said Gordon Houston, Chair, Lower Mainland Port Amalgamation Steering Committee.

The Vancouver Fraser Port Authority will operate from the three existing port offices located in New Westminster, Richmond and at Canada Place in Vancouver.

For more information, please contact:

Anne McMullin,

Director, Corporate Communications and Public Affairs

Vancouver Port Authority

(604) 665-9069 (office)

(604) 665-9073 (fax)

(778) 231-6978 (cellular)

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