29 June 2010
Halifax, Nova Scotia
A study which examines the regional economy of South West Nova Scotia and the role of the existing transportation system in supporting it was released today and is being made available to federal, provincial and municipal governments, and stakeholders. The study outlines potential transportation options and weighs the potential economic costs and benefits of each.
“This study provides valuable insight into the transportation needs of Southwest Nova Scotia," said the Honourable Keith Ashfield, Minister of National Revenue, Minister of ACOA and Minister responsible for the Atlantic Gateway. “It also outlines areas of improvement for the region for the consideration of all levels of government and the private sector.”
In August 2008, the federal government and the governments of Nova Scotia and New Brunswick announced the extension of the Digby-Saint John ferry service until early 2011, with an investment of $11.1 million from the federal government and $2 million each from the Provinces. At that time it was stated that the two-year extension to the ferry service would be used by ACOA to undertake an assessment of commercial and transportation alternatives for the region.
The study was conducted by CPCS Transcom Limited, along with Opus International Consultants (Opus), and was commissioned by ACOA. It is the result of many months of analysis of information from the federal and provincial governments, local communities, industry associations and previous studies, as well as comments received from members of the public, local businesses and industries.
The study suggests that there are some relatively minor issues related to road access and also states that the region’s ports appear to be adequate for the anticipated commercial and passenger transportation demand.
However, the bulk of discussion around transportation infrastructure relates to the region’s ferry services. The consultants found that despite declining demand over the past number of years, local communities and industries feel that the ferry services are an integral part of the regional transportation network and economy. It also found that all of the service options examined would require significant financial operating support in addition to capital assistance to break even.
ACOA continues to work to create opportunities for economic growth in the region through mechanisms such as Team South West Nova Scotia, consisting of senior federal and provincial government officials as well as community stakeholders.
Christopher Brooks
Senior Communications Officer
Atlantic Canada Opportunities Agency
902-426-4790
902-789-5184 (cell)
Email : chris.brooks@acoa-apeca.gc.ca
