Transport Canada consulting on Vessel Remediation Fund

Chamber of Shipping > Blog > News > Government > Transport Canada consulting on Vessel Remediation Fund

As part of a national strategy, and the Oceans Protection Plan, the Government of Canada has been examining options to establish vessel-owner financed funds over the longer term to deal with the increased number of abandoned, wrecked, and hazardous vessels in Canadian waters.  Transport Canada has launched public consultations on the Let’s Talk Transportation web page and is seeking input on a fee proposal for the Vessel Remediation Fund.  The Fund will be used to deal with problems vessels when they are abandoned and develop products to improve recycling and disposal options.  The deadline for input is November 9, 2021.

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