Sault Ste. Marie, Ont., and the Hamilton Oshawa Port Authority have signed a partnership to develop a trade corridor connecting northern and southern Ontario.

The corridor is expected to include integrated rail, highway, and marine links with extended-season service.

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The partners say the plan will be anchored by a newly developed port in Sault Ste. Marie.

As part of this plan, they are exploring the Algoma Steel site as a potential host location for the port facilities.

Sault Ste. Marie Mayor Matthew Shoemaker says a new port in the Sault will create a national asset.

Shoemaker called it a strategic investment in Canada’s supply chain resilience and industrial capacity.