Sorel-Tracy | Four figures on the region’s economy

The positioning of Sorel-Tracy away from large urban centers could be an asset for its economic development. As industrial and residential land becomes rarer in the greater Montreal region, the local economy is undertaking to develop new projects. Overview in four figures.

Investment of 10 million

This is the amount of the projected investment to build a floating port terminal in Sorel-Tracy. This floating dock is part of the industrial-port zone project developed by the firm QSL in partnership with the City of Sorel-Tracy. It must be on the edge of the site of the old Hydro-Québec thermal power station. On the shore, QSL has already built a multimodal warehouse, completed two years ago. The future floating dock is still at the pre-engineering stage. It will allow ships to be unloaded to transport cargo to the warehouse using electric conveyors.

Six million square feet

The Sorel-Tracy region has 6 million square feet of industrial land available near the Saint-Laurent. Most of these lands are located between the river and the Richelieu River, near the future Contrecœur maritime terminal and Lake Saint-Pierre. This strategic location is not new since Sorel-Tracy was a major place for shipbuilding in the 20th century.e century. And the City intends to reconnect with its past by relaunching this sector of activity thanks to its positioning halfway between the two major maritime infrastructures that are the Port of Montreal and the Port of Trois-Rivières.

A project of 760 housing units

Even if real estate prices are lower in Sorel-Tracy than the provincial average, housing needs remain evident. L’Archipel, a residential complex of 760 housing units, is currently being planned. This involves the construction of single-family homes, semi-detached residences and multi-unit buildings of 4 to 12 units. A citizen consultation was organized last month, in particular to answer questions relating to the preservation of wetlands. Approved a year ago by the Sorel-Tracy municipal council, the project is led by developer Jean Cournoyer, in partnership with Habitations Raymond Guay.

Decarbonization at 737 million

Rio Tinto Fer et Titane and the federal government are investing $737 million over eight years to support the decarbonization of the company’s industrial activities in Sorel-Tracy and develop the processing of critical metals in the province. The plant will produce scandium, intended for the manufacture of fuel cells. By 2030, Rio Tinto Fer et Titane should halve its greenhouse gas emissions. And the metallurgical company is aiming for carbon neutrality by 2050. Relative to the population of the city of Sorel-Tracy, this investment represents the equivalent of $20,000 per inhabitant.


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