Seaway Under-Utilization: Are Regulations to Blame?
Project Description
This report assesses the extent to which the regulatory environment can be used as an explanation for why Seaway volumes have not reached the levels of decades past and why it has been difficult for new Seaway services oriented towards higher-value goods to gain traction. The results suggest that non-regulatory factors such as shifts in global demand patterns and intense competition from other modes within the region such as rail offer the most powerful explanations. Nevertheless, the report notes that even after the elimination of the Canadian 25% duty on foreign-built ships, there are still some significant regulatory barriers to be addressed.
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