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Nova Scotia’s $20-million subsidy for Maine ferry is a good value, says new study
A $21 million annual subsidy for the Yarmouth–Maine ferry supports up to $42 million in GDP and generates significant labor income and tax revenue, study finds.
- The Province of Nova Scotia released a 21FSP Advisory report concluding its about $20 million annual subsidy for the ferry is justified.
- After announcing a review in 2022, the Province of Nova Scotia hired 21FSP Advisory in 2023 to study the ferry’s economic benefits amid funding, operator and port issues in recent years.
- The report found the ferry supports $18 million–$42 million in GDP, $12 million–$18 million in labour income, and generates $800,000–$1.5 million in sales tax, with passengers staying 8.4 nights and spending about $106 daily.
- Critics argued the roughly $20 million subsidy isn’t worth the cost, while officials said the future remains uncertain as Tilley and Bay Ferries could not be reached, and Gary Andrea stated, `We are looking at all options for the ferry service that will maximize the benefits for Nova Scotia`.
- The report also places the subsidy in international context by noting ridership fell to about 39,700 in 2025 and almost every ferry worldwide receives government subsidies.
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14 Articles
14 Articles
+3 Reposted by 3 other sources
Nova Scotia’s $20-million subsidy for Maine ferry is a good value, says new study
HALIFAX - A long-awaited economic study of the Nova Scotia to Maine ferry service says the province’s annual subsidy of about $20 million is worth the cost.
·Waterloo, Canada
Read Full Article+6 Reposted by 6 other sources
Nova Scotia's $20-million subsidy for Maine ferry is a good value, says new study
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Total News Sources14
Leaning Left9Leaning Right0Center3Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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