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Parkland eyes investment at Port of Oshawa

Parkland eyes investment at Port of Oshawa

OSHAWA, ONT. — The Hamilton-Oshawa Port Authority has announced that Parkland Corporation has signed an agreement that could lead to construction of a liquid bulk transfer facility on the Port of Oshawa’s east wharf.

Parkland agreed to a Notice of Permission to evaluate investment, noted a July 30 release. Starting in August, Parkland will use a seven-month due diligence period to complete engineering design plans, prepare for various regulatory filings and conclude economic studies.

“Parkland already plays a leading role meeting the fuel needs of Ontario residents,” said Ryan Krogmeier, senior vice-president at Parkland, in a statement. “As we continue to pursue high-quality growth opportunities and extend our supply advantage, an import terminal in Oshawa would complement our existing transloading facilities in the Greater Toronto Area.”

“Parkland is a responsible operator with extensive experience operating commodity transload terminals in Ontario. The company operates a terminal at the Port of Hamilton where it has maintained an exemplary record of safety and environmental performance,” said Port Authority president and CEO Ian Hamilton.  

In spring 2020, a new grain export terminal, constructed by Sollio Agriculture and QSL, entered its first full season of service in Oshawa. The new facility gives Durham Region grain producers a local option to market their grain for export.

The Hamilton and Oshawa port authorities amalgamated in June 2019. Since then, the new port authority has identified approximately $25 million in work such as dock reconstruction, lighting and dredging that is required at the Port of Oshawa.

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