Ontario Invests Over $2.8 Million to Upgrade Port Facilities
en.Wedoany.com Reported - The Government of Ontario announced an investment of over $2.8 million through the Northern Ontario Heritage Fund Corporation (NOHFC) to upgrade infrastructure at the Port of Thunder Bay and the Peninsula Harbour Port Authority in Marathon. These two terminals are considered key gateways for expanding Canada's east-west trade in northwestern Ontario.
The Thunder Bay Port Authority will receive $804,955 to expand the yard and storage area at its Keefer Terminal by 10 acres, aiming to enhance the terminal's capacity to handle bulk commodities such as wind turbine components, steel, and oversized cargo.
Additionally, the Peninsula Harbour Port Authority (PHPA) will receive $2 million to convert an idle commercial dock at the former Marathon pulp mill site into a marine terminal. Once completed, the terminal will transport regional materials, including critical minerals, forest products, road salt, and pipeline and wind turbine components, to customers in southern Ontario and globally. The Peninsula Harbour Port Authority was established in November 2020 as an equal partnership between the Town of Marathon and the Biigtigong Nishnaabeg First Nation, and the terminal is expected to be operational by the end of 2027.
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