Nova Scotia Extends Subsidy for Maine Ferry Service Until 2026
The province's government commits financial support to the Yarmouth-Bar Harbor ferry, citing substantial tourism benefits.
- Nova Scotia has pledged to subsidize the ferry service linking Yarmouth and Bar Harbor for an additional two years.
- A recent progress report highlights the ferry's positive impact on tourism, with passengers spending over $20 million in 2023.
- The number of passengers and vehicles transported by the ferry increased by 30% compared to the previous year.
- The provincial government has allocated $21 million for the ferry in 2024, with costs to be finalized later.
- A comprehensive economic impact study, initiated in September 2023, is expected to be completed by spring 2025.