About Transportation Investment Corporation
Transportation Investment Corporation is a public Crown Corporation established under the Transportation Investment Act to implement the Port Mann/Highway 1 Improvement Project. This includes construction, operations and maintenance of 37 kilometers of improvements to the TransCanada Highway through Metro Vancouver, as well as development, implementation and management of tolling operations (outlined in TI Corp's Concession Agreement with the Province) to pay for the project.
TReO is the official toll operating brand and registered trademark of Transportation Investment Corporation.
The span of this project comprises the Vancouver area's primary goods movement and commuting corridor, serving 120,000 vehicles daily through six municipalities, with important connections to other communities throughout the region. The project was established in 2003 as part of the Provincial Gateway Program to address the problem of growing regional congestion and to improve the movement of people, goods and transit.
Combined with other planned improvements, this project will create an effective transportation network within Metro Vancouver to meet transportation needs through to 2031 and beyond.
To manage and ensure successful delivery and implementation of the Port Mann/Highway1 Improvement Project. TI Corp is also mandated to recover the capital costs of the project, as well as operating and maintenance costs of the bridge and highway for a period of up to 40 years.
To develop and implement self-sustaining infrastructure projects for the benefit of British Columbians.
- Respectful project delivery to residents, businesses, all levels of government and the environment;
- Safe and efficient movement of people and goods;
- Diversity of employees.
- Reduce congestion and travel times;
- Improve safety and accessibility;
- Facilitate expanded transit service;
- Expand the transportation network to better accommodate high occupancy vehicles (HOV), cyclists and pedestrians.