March 31, 2010 13:48 ET

The Government of Canada Transfers the Bay d’Espoir Properties to the Province of Newfoundland and Labrador

BAY D'ESPOIR, NEWFOUNDLAND and LABRADOR--(Marketwire - March 31, 2010) - Canada's Transport Minister John Baird today announced the transfer of the Bay d'Espoir properties to the Province of Newfoundland and Labrador. This transfer was made possible under Transport Canada's Port Divestiture Program.

"The Government of Canada is committed to ensuring our ports are managed in the best interests of the local community," said Baird. "With this transfer, the Province of Newfoundland and Labrador will be able to manage the Bay d'Espoir properties by working directly with the residents in these coastal communities."

The property includes 20 square miles of harbour beds in Bay d'Espoir, 1.5 square miles of upland property at Swanger Cove, and wharves in Milltown and St. Alban's. The transfer agreement includes a Government of Canada contribution of $3.075 million to be used exclusively for the operation and maintenance of the facilities.

"Our government is pleased to take ownership of the Bay d'Espoir properties," said the Honourable Clyde Jackman, Minister of Fisheries and Aquaculture for Newfoundland and Labrador. "We are pleased that we are now in a position to make decisions at a provincial level on the best use of these properties for the needs of the communities."

Part of the National Marine Policy, Transport Canada's Port Divestiture Program was established to transfer regional or local port sites to other interests. Transport Canada has program authority until March 2012.

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Contact Information

  • James Kusie
    Director of Issues Management and Parliamentary Affairs
    Office of Canada’s Transport Minister John Baird,
    Media Relations
    Transport Canada, Ottawa
    Communications and Marketing
    Transport Canada, Atlantic Region