Algoma Central Corporation Sells Station Mall in Sault Ste. Marie
Station Mall, a 555,000 square-foot enclosed shopping centre located steps away from the St. Mary’s River, was the last of the Company’s real estate holdings in Sault Ste. Marie. The Company’s intention to divest of its commercial real estate portfolio was initially announced in 2015. Since then, the Company has sold 15 properties in Sault Ste. Marie, Waterloo, and St. Catharines, Ontario since 2015, directing proceeds from the sales to the renewal of the domestic dry-bulk fleet, expansion of its ocean self-unloader fleet and to new investments in international shipping.
Montreal Port Authority Receives Federal Authorization to Advance Contrecœur Expansion
The Montreal Port Authority (MPA) has received authorization from Fisheries and Oceans Canada to expand its port facilities in Contrecœur and continue construction of the new container terminal. Issued under the Fisheries Act and... Read More
General Cargo Down, Grain Trade Up on the Great Lakes in 2025
Preliminary traffic results released by the St. Lawrence Seaway Management Corporation (SLSMC) show 37 million metric tons of cargo transited the Great Lakes-St. Lawrence Seaway system during the 2025 navigation... Read More