The Port of Thunder Bay and the Peninsula Harbour Port Authority in Marathon are key gateways in northwestern Ontario for expanding east-west trade in Canada, strengthening domestic supply chains and creating good-paying jobs in the North, while reducing reliance on U.S. customers.
With over 10.7 million metric tonnes of cargo, including grain, potash and natural resources, moving through its facilities in 2025, and the vast majority shipping domestically or to international markets other than the U.S., the Port of Thunder Bay is one of Canada’s critical inland ports and a gateway to western Canada and Europe.
These investments will help these key Northern Ontario ports increase cargo volumes to ship everything from grain and potash to components for pipelines and critical minerals from the Ring of Fire.
Since June 2018, more than $1 billion has been invested through the NOHFC in over 8,400 projects in Northern Ontario, leveraging more than $3 billion in investment and creating or sustaining over 13,000 jobs.
We will continue to invest in Northern Ontario’s vital infrastructure to support local industries, businesses and workers, while driving economic growth across the region.