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 Halifax Port Authority has invested significantly over the past five years in infrastructure. We have modern infrastructure, using the latest technology, and world class security. Over the last five years, the private sector has invested over $250 million in port-related infrastructure. From 2007 to 2011 the Halifax Port Authority has invested $147 million. Between 2012 and 2013, HPA is expecting to invest nearly $100 million in infrastructure.