🚢Update on St. Lawrence Seaway Tariff of Tolls Effective 2025
Tariff of Tolls
Summary
The Great Lakes St. Lawrence Seaway Development Corporation (GLS) and the St. Lawrence Seaway Management Corporation (SLSMC) of Canada, under international agreement, jointly publish and presently administer the St. Lawrence Seaway Tariff of Tolls in their respective jurisdictions. The Tariff sets forth the level of tolls assessed on all commodities and vessels transiting the facilities operated by the GLS and the SLSMC. The GLS is revising its regulations to reflect the fees and charges levied by the SLSMC in Canada starting in the 2025 navigation season, which are effective only in Canada.
Agencies
- Transportation Department
- Great Lakes St. Lawrence Seaway Development Corporation
Business Impact
$$ - Med
The regulation updates the Tariff of Tolls for vessels in the St. Lawrence Seaway, affecting the costs for commercial shipping. It indicates potential financial impacts on businesses utilizing the Seaway, particularly in terms of increased toll rates starting January 6, 2025, which could affect logistics and operating costs.