At the initiative of the Canada Mortgage and Housing Corporation (CMHC), exploratory discussions are underway on the possibility of transferring the administration and management of Granville Island from the CMHC to Port Metro Vancouver.
It is too soon to speculate on the outcome of these discussions. The Government of Canada recognizes the importance of Granville Island to the community as a cultural and economic jewel and is committed to maintaining its social, communal and commercial fabric.
In 1973, the federal government transferred the administration, management and control of Granville Island from the port to CMHC. Port Metro Vancouver owns and operates Canada Place which recently hosted the nation’s second-largest Canada Day celebration for about 300,000 people. Canada Place is also home to major Christmas celebrations and other events, as well as a cruise terminal that welcomes about 800,000 visitors a year.
Robin Silvester President & Chief Executive Officer Port Metro Vancouver