Financial Info

The Halifax Port Authority (HPA) was established on March 1, 1999 under the Canada Marine Act. The HPA is governed by a Board of Directors. We operate on a commercial basis and are mandated to be financially self-sufficient. We exercise management authority over Halifax Harbour and federal real property under our administration. In addition, we have ownership of other property and equipment related to the operation of cargo and cruise operations at the Port of Halifax.

The principal source of HPA revenues are fees on vessels, cargo and passengers using the Port of Halifax as well as lease payments for facilities under HPA management.

The HPA has invested over $100 million in port infrastructure in the past five years, with the bulk of the spending on cargo-related projects. In addition, private companies have invested over $250 million in port-related infrastructure. The HPA will continue to reinvest in port facilities with $29 million budgeted for capital improvements in 2009. This includes work on the Fairview Cove Container Terminal, South End Container Terminal, conventional terminals, security, Halifax Seaport and other general property & facility improvements across the four areas of cargo (bulk, breakbulk, container, roll-on/roll-off) and cruise.