$2,000,000 FedNor investment will support the construction needed to return the Port of Marathon to an operational marine terminal
Changes in the global trading system are causing massive disruptions and uncertainty for Canadians. Canada's new government is on a mission to enable $1 trillion in investments over the next five years so we can give ourselves more than any foreign government can take away. Central to that plan is building new local infrastructure and stronger communities.
To that end, the Honourable Patty Hajdu, Minister of Jobs and Families and Minister responsible for FedNor, announced a $2,000,000 investment to help strengthen and restore the Port of Marathon.
Construction will enable the Peninsula Harbour Port Authority to convert a former industrial facility to a functional port. Today's investment will also support the design, engineering, and project management of the revitalization, as well as capital construction costs including dredging to enable a functional deep-water port. Additional capital costs will include dock rehabilitation, electrical upgrades, and other infrastructure construction including improvements to on-site roads as well as the port yard.
The Port's revitalization is expected to create over 200 jobs throughout construction, and over 20 permanent jobs after the project is completed. Once operational, the port will be the only facility of its kind between Sault Ste. Marie and Thunder Bay, connecting Marathon, Biigtigong Nishnaabeg, and the North shore region to the world. It will also serve as a fully operational marina to local businesses, residents, and surrounding communities, with the ability to host lake freighters and other international vessels.
Projects like the Port of Marathon demonstrate Canada's ambition to build at the speed and scale this moment demands by investing in the infrastructure, industries, and workers that drive growth, boost productivity, and build Canada strong.
