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Confederation Bridge (Photo: TDCB)

Money for ferries and Confederation Bridge in federal budget

By Tara Clow Apr 17, 2024 | 1:18 PM

The 2024 federal budget promises funding to help keep costs down for those using bridges and ferries in Atlantic Canada.

Marine Atlantic will get $124.1 million over five years to support ferry operations between Nova Scotia and Newfoundland and Labrador to help keep future fares affordable.

Transport Canada will receive $2.5 million over two years for its Ferry Services Contribution Program to freeze fares for services between New Brunswick, Nova Scotia, Prince Edward Island, and Eastern Quebec.

It will also receive $13.7 million over the next two years to negotiate a continued toll freeze on the Confederation Bridge connecting New Brunswick and Prince Edward Island in 2025 and 2026.