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.

Senators Peters and Moreno Become Co-Chairs of Senate Great Lakes Task Force
Senator Gary Peters (D-MI) and Senator Bernie Moreno (R-OH) have become the new Co-Chairs of the bipartisan Senate Great Lakes Task Force for the 119th Congress. Senator Todd Young (R-IN)... Read More

St. Lawrence Seaway Opens for 2025 Shipping Season
The 2025 shipping season on the St. Lawrence Seaway is now underway. The St. Lawrence Seaway Management Corporation (SLSMC) officially launched its 67th navigation season on March 25, 2025, with... Read More