The Board of Directors and Management of the Hamilton Port Authority (HPA) welcome the announcement by Transport Minister Hon. Marc Garneau confirming the amalgamation of the Hamilton and Oshawa Port Authorities.
“Canada Port Authorities have a mandate to promote economic growth, facilitate trade, and reinvest in infrastructure,” said HPA Board Chair Bob Savage. “With this in mind, we believe this is a positive step in the interest of the communities of Oshawa and Hamilton, and the economy of Ontario. My Board colleagues and I are committed to doing our part to ensure a smooth transition process.”
The new ‘Hamilton-Oshawa Port Authority’ will bookend the Greater Toronto-Hamilton Area, giving marine shipping a more prominent role in the region’s goods-movement transportation mix. The new merged entity will also be able to attract a wider range of marine-supported industry to southern Ontario.
The Oshawa and Hamilton port authorities carry similar commodities including steel, project cargo and bulk cargo such as fertilizers, asphalt and grain. Cargo handled at both ports produces over CAD$6 billion in economic activity.
HPA President & CEO Ian Hamilton welcomed the announcement: “An integrated port authority on Lake Ontario can better market southern Ontario as an investment location for transportation-intensive industries, and improve goods movement fluidity in the GTHA, by rationalizing cargo routings and storage decisions. Coordinated planning will take a more strategic, regional view of marine-related land development opportunities, and regional thinking will improve the ability to position the ‘right infrastructure in the right place’ to serve southern Ontario, while getting more cargo off Ontario’s congested highways and onto marine transport.”
About the Port of Hamilton
The Port of Hamilton is the largest marine port in Ontario, receiving 600 vessel visits per year, both North American and international. The cargo that transits the Port of Hamilton is valued at $3.3 billion, and is connected to $6 billion in economic activity and 38,000 jobs in Ontario. The Port of Hamilton is home to 130 diverse companies, and has attracted more than $350 million in new private sector industrial investment within the past decade.