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APEC sees major project growth in Atlantic Canada

by CanadianSailings | Jul 20, 2013 | Business and Economy, Government and Regulation, Other

The Atlantic Provinces Economic Council’s 2013 Major Projects Inventory identifies a record $115 billion worth of major investment projects in various stages of development across Atlantic Canada, up 15 per cent over last year’s Inventory. The 30th edition of APEC’s...

EDC to exporters: gear up for growth

by CanadianSailings | Jul 20, 2013 | Business and Economy, Other

By R. Bruce Striegler Balance returning to world’s economy? Following his annual spring tour of eighteen Canadian cities where he discussed global economic affairs as they relate to Canadian business, Peter G. Hall, Vice-­‐President and Chief Economist of Export...

Greater transparency on C-­TPAT suspensions, appeals a significant step forward

by CanadianSailings | Jul 20, 2013 | Business and Economy, Government and Regulation, Other, Trucking

In response to complaints from the national trucking associations on both sides of the Canada-­‐U.S. border, the U.S. Department of Homeland Security (DHS) has published a document which clearly lays out the measures it will take to address security breaches involving...

Algoma places sixth in 2012 Marine Money overall performance rankings

by CanadianSailings | Jul 20, 2013 | Business and Economy, Ocean Carriers, St. Lawrence, Seaway and Great Lakes

Algoma Central Corporation (Algoma), the largest Canadian shipowner and operator of domestic Great Lakes vessels, announced that for the second straight year the Corporation placed in the top ten in Marine Money Magazine’s Rankings of Publicly Traded Shipping...

Algoma Corporation reports results for Q1

by CanadianSailings | Jul 20, 2013 | Business and Economy, Ocean Carriers, Other, St. Lawrence, Seaway and Great Lakes

The Corporation reported a net loss for the three months ended March 31, 2013 of $28.6 million compared to a loss of $32.0 million for the same period in 2012. Revenues declined to $50.8 million from $57.0 million in 2012. The reduction in the net loss for the quarter...
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