Your browser is not supported.
Your browser is too old. To use this website, please upgrade to Microsoft Edge, Chrome or Firefox.
Check out recent news, events and updates from the InvestInSTC team!
The Provincial Government’s plan to grow Ontario’s marine transport network over the next decade entails creating new jobs and trade opportunities, building on Ontario’s leadership role in the marine transportation sector. The plan aims to draw more workers to the sector and strengthen links between ships and other forms of transportation, while steering the sector towards more environmentally sustainable technologies.
New energy is being channeled into the Welland Canal by major government investments in Port Colborne and St. Catharines.
At the core of many of the products Canadians take for granted are the fingerprints of Canada’s largest Great Lakes shipping fleet. Algoma Central, headquartered in downtown St. Catharines, owns a fleet of 84 ships, 29 of which carry domestic cargo. Those ships carry an outsized share of cargo through Niagara’s Welland Canal. In 2022 alone, 41% of the domestic tonnage that passed through the Canal was carried by Algoma.
Heddle Shipyards is investing over $107 million to tackle complex Vessel Life Extension (VLE) projects at the company’s Port Weller Dry Docks in St. Catharines and create 30 new, good-paying jobs.
Contact our team of experts for a consultation today.
