The Oshawa Port Authority recently hosted its Annual General Meeting, demonstrating that the port is in a strong position to drive economic growth and attract new jobs and investment. Here’s why:
Location. Oshawa is one of the few cities that can boast an airport, rail lines, a regional deep-sea port and 400-series highways, all within close proximity.
New Rail Spur. With the completion of the rail spur, the Port of Oshawa will be truly intermodal, responding to the growing demands of port clients.
Competitive Edge. The port offers a full seaway draft, skilled workforce and access to world markets through the St. Lawrence Seaway.
Major Economic Driver. The port generates $6 million annually in federal and provincial taxes, plus local tax revenues generated by port tenants.
Major Mover. On average, the port handles $23 million worth of cargo annually, from salt and steel products to grain.
Record Cargo Shipments. In 2012, the port handled 60 vessels, carrying over 472 thousand metric tonnes of cargo. That’s a record!
Job Generator. The movement of cargo through the port supports 294 jobs.
For more on the Oshawa Port Authority’s annual report go to: www.portofoshawa.ca