Madam Speaker, Canada has always been a trading nation, and as the throne speech stressed, the value of the multi-trillion dollar blue economy is not to be underestimated. In fact, the maritime chamber of commerce confirms that inland and coastal shipping are key drivers in both the Canadian and U.S. economies. I am pleased to see this government take advantage of existing resources in the post-COVID-19 economic recovery effort.
The Great Lakes-St. Lawrence River navigation system, including the Welland Canal located in my riding, is an efficient marine superhighway that connects our businesses to limitless opportunities and global markets. I am pleased to see this government harness the blue economy by supporting initiatives like local strategic trade corridors.
In Niagara, we are advancing the development of three multimodal hubs along the Welland Canal. To the Hamilton-Oshawa Port Authority and the cities of Port Colborne, Welland and Thorold, I say congratulations and thanks for moving forward on establishing the Niagara Ports multimodal trade corridor.
I thank this government for showing foresight and innovation by supporting and fostering all the blue economy has to offer.