Companies get more time to submit ferry plans

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The Canadian Press

YARMOUTH — The Nova Scotia government is providing companies more time to submit business plans for the proposed ferry service based in Yarmouth.

Potential operators now have until July 4 to provide the government with a business proposal, two weeks later than the original deadline.

The government rejected two bids earlier this year, saying neither met the criteria for a viable operation.

The Yarmouth-to-Maine link was discontinued in December 2009 after the provincial government cut its subsidies, saying the money-losing business wasn’t viable.

The provincial government faced sharp criticism for killing the ferry and is now offering $21 million over seven years to restart the service.

It expects the service will resume in 2014.

 

Geographic location: Yarmouth, Maine

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