PEI-NS ferry gets funding to keep status quo
CHARLOTTETOWN, (Mar. 23, 2005) — The ferry sailing between PEI and Nova Scotia will maintain service levels after the operator and Transport Canada signed a new subsidy agreement yesterday.
Northumberland Ferries — which runs two boats between Caribou, N.S., and Wood Islands, PEI from May to December — will get roughly $5 million a year until 2010, according to the Halifax Chronicle-Herald.
Transport Canada will also be responsible for undertaking major repairs and capital investments, such as dry-docking, dredging and major terminal repairs.
The ferry faced the possibility of having its subsidy slashed, and perhaps forced to limit service to a one-vessel tourist operation ending in October.
However, Premier John Hamm and his PEI counterpart Pat Binns, as well as several other regional MPs, lobbied Transport Canada to maintain current funding.
Premier John Hamm told the Herald he’s pleased with the announcement, saying it will ensure the province’s second busiest point of entry for passenger vehicles and commercial trucks is maintained.
— from the Halifax Chronicle-Herald
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