Port of Georgetown transferred to not-for-profit group

Send to a friend

Send this article to a friend.

The fourth Island port has been turned over to the local harbour authority after National Revenue Minister Gail Shea made the announcement in Georgetown Friday morning. Joining her are port authority vice chair George Koke (left) and chairman Tim Mair. The federal government included a $3.8 million contribution for maintenance and operations. The authority consists of stakeholders in the everyday use of the facility.

GEORGETOWN — Gail Shea, regional minister for Prince Edward Island and minister of National Revenue, today announced the transfer of the Port of Georgetown to Georgetown Port Inc. (GPI).

The transfer agreement includes a contribution of $3.8 million from the Government of Canada to cover operational costs and maintain the port's infrastructure.

Shea made the announcement on behalf of Denis Lebel, Minister of Transport, Infrastructure and Communities.

"Today is a great day for the community of Georgetown," said Shea. "This transfer means the port is now managed by those best positioned to ensure its ongoing success — people from this community, local businesses and port users. Our government's investment of $3.8 million will help GPI to attract new commercial opportunities that will support growth and long-term prosperity for Prince Edward Island."

"Community-based ownership of this port will encourage economic development, create local jobs and help generate new business activity in Georgetown," said Lebel. "This transfer is also an important measure to save taxpayers' money."

The Port of Georgetown is situated on a deep water harbour with facilities currently used for general cargo shipping and support to marine industries including shipbuilding, fish processing and aquaculture. The wharf is 290 metres long by 41 metres wide and supports four working berths with a minimum depth of eight metres. A 50 metre by 12 metre transit shed is located on the wharf.

GPI, a not-for-profit local entity comprising local businesses and community stakeholders, was established to promote the development of the port.

"We are excited about our port's outlook," said GPI chair Tim Mair. "Georgetown Port Inc. will work hard to ensure the Port of Georgetown continues to contribute to the economic growth of this community and will be looking for new development opportunities in the future."

The Port Divestiture Program aims to transfer ownership and operation of Transport Canada-owned ports to other federal departments, provincial/territorial governments or local interests, including municipalities, which are better positioned to operate these ports in a manner that is more efficient and responsive to local needs.

Organizations: Georgetown Port, Transport Canada

Geographic location: Georgetown, Prince Edward Island, Canada

  • 1
  • 2
  • 3
  • 4
  • 5

Thanks for voting!

Top of page

Comments

Comments

Recent comments

  • Jimbo
    June 08, 2012 - 21:17

    Georgetown what a great place wonderful to see something positive happening. really appreciate the comment from Chester L an old school chum of mine and a great guy. matter a fact there are a lot of great people in Georgetown. I hope this brings a lot of opportunity fort the people in this great community.

  • jason arsenault
    June 08, 2012 - 14:12

    There always someone who feels the need to put a negative spin on something positive its summer in pei there isnt much work aroung but if your gonna find a job NOW is the time to do it you shouldnt need EI this time of year

  • Chester L
    June 08, 2012 - 10:24

    A Martinvale Comment...........Beautiful day Congratulations to Georgetown and Georgetown Port Inc, an excellent opportunity to look for " Business Models " that have worked in other Port Divesitures and the Ports of Charlottetown and Souris seem to have managed the transition well and with a " startup pot of money " to manage this transition. With this once in a lifetime opportunity I sincerely hope those managing this opportunity explore credible opportunities that beckon and not have political interference nor lame no brainers beating at the door for their own self serving purposes.............Some are still around waiting to pounce on free money,,,,,,,, Well done Georgetown efforts and to all those involved..........Great Port, Great folks and Great opportunities are out their.:)

  • westprince
    June 08, 2012 - 10:22

    that`s great maybe they can hire some 65 year olds and people that the conservatives take their ei from.