The Canadian Government and Newfoundland and Labrador's authority are to invest C$45.4m ($34.2m) to upgrade a section of the Trans-Labrador Highway. 

This will improve traffic movement and support economic growth and productivity in the region. The project includes widening and paving of Route 510 from Charlottetown junction to Cartwright junction.

Upon completion, the project is expected to facilitate movement of goods across the province of Newfoundland and Labrador. 

Newfoundland and Labrador Premier Dwight Ball said: "The Trans-Labrador Highway project is extremely important to Labradorians, and is vital to the economic development of the region. Our commitment to the highway and to the people of Labrador remains steadfast. 

"A paved highway will significantly enhance transportation in the region."

"A paved highway will significantly enhance transportation in the region, and will foster the success of key industry sectors such as mining, oil and gas, construction, retail trade, information and cultural industries, and tourism." 

For this project, the Canadian government has agreed to contribute C$22.2m ($16.7m) through the New Building Canada Fund, while the Government of Newfoundland and Labrador will provide C$23.2m ($17.5m).

The Canadian Government will provide more than $180bn in infrastructure funding over 12 years for public transit, green infrastructure, social infrastructure, etc.