The federal Liberals are paving the way for the potential sale of
government-owned shipping hubs, part of a larger strategy to encourage
private-sector investment in infrastructure.
Ottawa announced late on Monday that it had hired investment bank Morgan
Stanley Canada Ltd. to review ownership options for 18 Canadian ports. Canada
Development Investment Corp., a Crown agency responsible for selling federal
assets, hired the firm “to provide financial advice” on its port holdings, which
include facilities in Halifax, Montreal, Toronto, Thunder Bay, Ont., and
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