The government is investing $2,804,955 through the Northern Ontario Heritage Fund Corporation (NOHFC) in strategic infrastructure upgrades at the Port of Thunder Bay and the Peninsula Harbour Port Authority in Marathon. Both terminals are key gateways in northwestern Ontario for expanding east-west trade in Canada, strengthening domestic supply chains and creating good-paying jobs in the North, while reducing reliance on U.S. customers.
The Port of Thunder Bay is receiving $804,955 through the NOHFC to expand the Keefer Terminal laydown area. While the Peninsula Harbour Port Authority in Marathon is receiving $2 million through the NOHFC to repurpose commercial docks into a new marine terminal that will support the shipment of critical minerals, forest products and other regional goods.
Through the NOHFC, our government is delivering on our plan to protect Ontario by making strategic investments that help northern Ontario by build a more competitive, resilient and self-reliant economy.
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En: Port Facilities