A video released by the Port of Halifax shows the importance it places on diversification for ensuring economic growth for its port.
Karen Oldfield, CEO and President of the Halifax Port Authority explains that diversification is a key driver for turning the business around from a period of dips during the financial crisis.
The port has been able to take the business and reach it into many different aspects of the economy. The port contributed around US$1.2 billion to the Canadian economy in 2013 and is still growing.
As a nation, Canada is essential for transit cargo from the US, facilitating transhipment activities to different parts of the country.
(Source: Port of Halifax / YouTube)