Canada Extends St. Lawrence Seaway Management Deal
Image Courtesy: WikimediaThe Government of Canada has agreed a five-year extension of a deal with the St. Lawrence Seaway Management Corporation to manage, maintain and operate the St. Lawrence Seaway.
The existing agreement is now extended until March 31, 2023, providing stability for the St. Lawrence Seaway Management Corporation and the marine shipping industry.
To ensure the Seaway continues to be positioned as a critical transportation corridor for North America, Transport Canada will conduct a review to examine further opportunities for increased economic and commercial development, the waterway’s competitiveness and sustainability, and the Seaway’s governance structure.
In the coming months, Canadians, provincial and municipal governments, Indigenous communities, international partners, users and stakeholders will be invited to provide input on the future of the Seaway.
“We look forward to our continued collaboration with the St. Lawrence Seaway Management Corporation to ensure this strategic transportation corridor remains competitive now and in the future,” The Honourable Marc Garneau, Canada’s Minister of Transport, said.
