Port of Halifax hopes to cash in on trade with India
TORONTO, Ont. — A healthy Port of Halifax could revitalize the ports of Toronto and Hamilton, Karen Oldfield, president and CEO of the Port of Halifax told a gathering of business-people yesterday.
She was speaking at the Empire Club of Canada. Oldfield said the East Coast port is positioning itself to capitalize on Indias growing economy as the Port of Vancouver struggles with congestion and labour disputes.
Container ships from India can reach Halifax in half the time it would take to reach West Coast ports, Oldfield pointed out. From there, they can be trucked inland or shipped by rail or short-sea-shipping. Oldfield pointed out the Canadian Retail Shippers Association has created an East Coast shipping hub in Halifax in response to labour disputes at West Coast ports.
Keith Robson, president and CEO of the Hamilton Port Authority, added shipping goods down the St. Lawrence Seaway to Hamilton and Toronto will give both ports a shot in the arm.
– With files from the Toronto Star
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