Sault Ste. Marie

The federal government will provide $5.3 million over three years so the Algoma Central Rail (ACR) passenger service between Sault Ste. Marie and Hearst can continue. The announcement was made on April 1.

A team of four Algoma University students claimed top honours at the ninth annual Northern Ontario Business Case Competition on March 27, after outscoring 13 teams from other Northern Ontario schools.

The province is funding six movie projects that are being filmed in Sault Ste. Marie.

A major commercial harbour and wood pellet plant may be in the works for the Township of Red Rock on the Lake Superior’s north shore. Two subsidiary companies of Essar Port Global and Riversedge Developments of Sault Ste.

Railmark Canada Ltd. is set to assume the operations of the Algoma Central Railway passenger service. The company, a Canadian subsidiary of Railmark Holdings Inc.

The City of Sault Ste. Marie has hired the consulting team of KPMG and AECOM to navigate the first phase of an in-depth study on a proposed commercial harbour.

Essar Steel Algoma posted a profit of $26.8 million in its third quarter results. The privately-owned Sault Ste. Marie sheet and plate producer attributes the gains to higher shipments, higher steel prices and lower costs.

Sault Ste. Marie’s largest single employer says it plans to add hundreds of jobs within the next few months with plans to bring an additional blast furnace back into service.

Sault Ste. Marie city council voted Monday to direct city staff to enter into discussions regarding the sale of waterfront property to Toronto-based developer Paolo Rovazzi.

The City of Sault Ste. Marie will start the search for a new chief administrative officer this month after Joe Fratesi announced his retirement from the position, effective April 30.