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Great Lakes-St. Lawrence shipping adds $60 billion to NAmerican economy

La navigation sur les Grands Lacs et le Saint-Laurent génèrent 60 milliards $ d'activité économique.

 

Cargo shipments to ports on the Great Lakes-St. Lawrence River waterway generate CDN$60 billion worth of economic activity and 328,500 jobs in Canada and the U.S., according to a new study released on July 18. That breaks down to 181,000 jobs and CDN$26 billion in economic activity in Ontario and Quebec.

The consultant study carried out by Martin Associates of Lancaster, PA was released by the Ottawa-based Chamber of Marine Commerce (CMC). The Economic Impacts of Maritime Shipping in the Great Lakes-St. Lawrence Region study reveals the economic benefits of the shipping activity along the entire bi-national Great Lakes-St. Lawrence River waterway - the longest deep draft inland navigation system in the world. In 2017, more than 230 million metric tons of raw materials and finished goods were transported by ships to and from ports via the waterway, which includes the Great Lakes, the St. Lawrence Seaway and the lower St. Lawrence river.

Commented Marc Garneau, Minister of Transport: "The Great Lakes, St. Lawrence Seaway, and St. Lawrence River play a pivotal role in Canada's supply chain, and contribute to our regional and national economies. The Trade and Transportation Corridors Initiative supports such major trade corridors, and allows Canadians to compete in key global markets and trade more efficiently with international partners."

Bruce Burrows, President of the Chamber of Marine Commerce, stated: "Great Lakes-St. Lawrence shipping is a key driver of the Canadian economy, supporting more than 181,000 jobs and carrying raw materials and finished products on behalf of businesses across the country. This study demonstrates the value of investing in port and lock infrastructure along this key binational trade and transportation corridor that connects cities within North America and is a gateway to international markets."

 

Terence Bowles, President and CEO of The St. Lawrence Seaway Management Corporation: "The results of this study demonstrate once again that the Great Lakes/Seaway System is a vital waterway, serving as a key part of the North American logistics chain and as an important gateway for trade with over 50 nations across the globe. Moving cargo over water supports an immense number of jobs, eases congestion on our road and rail links, and provides the most energy efficient means of getting tonnage to its destination. Stakeholders win on all counts!"

Sean Donnelly, President and CEO, ArcelorMittal Dofasco: "ArcelorMittal Dofasco is Canada's largest flat rolled steel producer. Great Lakes-St. Lawrence shipping provides a critical business advantage for ArcelorMittal and has been an integral part of our operations from the beginning - 106 years ago. More than 185 ships deliver 5.2 million metric tons of iron ore and coal to our Hamilton docks every year for steel production, as well as other materials such as steel slabs and coke."

Carsten Bredin, Vice-President, Grain Merchandising, Richardson International Limited, remarked:  "The Great Lakes-St. Lawrence waterway is a key export corridor for Western Prairie and Ontario soybeans, corn and wheat."

Phil Guglielmi, General Manager, Redpath Sugar: "Redpath Sugar Ltd, which now stands alone on the Toronto waterfront was first constructed in 1959 to coincide with the opening of the St. Lawrence Seaway. Its location in Toronto was specifically chosen to service the Ontario food and beverage processing sector, a sector which generates $41 billion in revenue, exports $7.6 billion in product and provides over 130,00 direct jobs."

Among key findings of the study:
The maritime industry not only supports jobs directly on the waterfront - longshoremen, terminal employees, vessel operators, pilots, and truckers - but nearly 50 per cent of direct jobs impacts are with steelworkers, miners, and other industries that are dependent on the cargo and would likely disappear without the navigation system.

Marine-related industries and employees contribute significantly to the health, education and general prosperity of Canadian society through their $5.7 billion contribution to federal and provincial/local taxes.
The top five cargoes transported on the bi-national system by volume are iron ore (for steel production), petroleum products (for fuel, home heating and business uses) stone/aggregates (for construction), coal (for steel production and more limited power generation) and grain (for domestic food production and world export).
Containers shipped to Quebec ports accounted for 60 per cent of the total value of all cargo transported on the bi-national waterway.  13.8 metric tons of containers were valued at over $60 billion.

The full study and executive summary can be downloaded from the CMC web site.

 

(photo PortsToronto)


La Chambre de commerce maritime (CCM) a fait part des résultats d'une étude d'une année intitulée Economic Impacts of Maritime Shipping in the Great Lakes-St. Lawrence River Region.

Cette étude, qui fait appel aux données de 2017 et qui a été réalisée par les consultants renommés en économie Martin Associates de Lancaster, Pennsylvanie, révèle les avantages économiques du transport maritime le long de la voie navigable binationale des Grands Lacs et du fleuve Saint-Laurent, incluant les Grands Lacs, la Voie maritime du Saint-Laurent et le bas Saint-Laurent.

Voyez le communiqué de presse en français de la CCM pour connaître tous les résultats quant aux impôts payés, aux recettes commerciales, au revenu des particuliers, ainsi qu'aux principales cargaisons, ainsi que la répartition pour l'Ontario et le Québec.

Voyez le document infographique sur l'histoire de l'économie du transport maritime sur les Grands Lacs et le Saint-Laurent. Vous pouvez également télécharger l'étude complète et le sommaire exécutif sur le site web de la CCM. (Photo Ports Toronto)
 
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