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Home›Business & Finance›St. Marys River Dredging Included in Maritime Strategy
Business & Finance

June 15, 2016 · about 10 years ago

St. Marys River Dredging Included in Maritime Strategy

Michigan Governor Rick Snyder and Ontario Premier Kathleen Wynne met yesterday to discuss their ongoing partnership to grow the economy and create jobs. On behalf of the Great Lakes and St. Lawrence Governors and Premiers, they released the first-ever regional strategy to jumpstart the Great Lakes-S

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Michigan Governor Rick Snyder and Ontario Premier Kathleen Wynne met yesterday to discuss their ongoing partnership to grow the economy and create jobs.

On behalf of the Great Lakes and St. Lawrence Governors and Premiers, they released the first-ever regional strategy to jumpstart the Great Lakes-St. Lawrence maritime transportation system.

The strategy’s objectives are to double maritime trade, shrink the environmental footprint of the region’s transportation network, and support the region’s industrial core.

Once fully implemented, the strategy will help grow the region’s maritime sector, which already contributes more than US$30 billion to the U.S. and Canadian economies and accounts for more than 220,000 jobs.

The strategy includes a blend of policies, programs and projects to rejuvenate the regional maritime system. Ten-year implementation of the strategy is estimated at US$3.8 billion based on preliminary analysis.

The states and provinces will work with other levels of government, industry and other stakeholders to advance implementation of the recommendations over the longer term.

Specific recommendations include:

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