St. Lawrence Seaway to undergo $350M infrastructure overhaul

The St. Lawrence Seaway Management Corporation (SLSMC) plans to invest more than $350 million over the next three years to modernize its infrastructure, boost reliability and strengthen supply chain links across Canada.

The funding, set to be allocated from April 1, 2024, to March 31, 2027, will target key areas of the Seaway. More than $170 million is earmarked for the Montreal-to-Lake Ontario (MLO) region, while $180 million will be directed toward the Welland Canal.

The upgrades aim to extend the lifespan of critical assets through work such as maintaining and improving locks and bridges, upgrading energy infrastructure, and enhancing mechanical and structural systems.

“This investment reflects our commitment to providing a resilient and sustainable supply chain for Canadians,” said Jim Athanasiou, president and CEO of SLSMC. “By enhancing the reliability of our infrastructure, we are highlighting the vital role of the Seaway in ensuring goods reach their destinations efficiently while supporting innovation and sustainability in marine transportation.”

Marine shipping, promoted as the most sustainable mode of transporting goods, serves as a crucial link in Canada’s supply chain. The upgrades are expected to help the Seaway accommodate future demands while minimizing its environmental footprint.

The investment is also projected to generate jobs and support local communities, underscoring the Seaway’s importance to Canada’s economy and trade infrastructure.