July 3, 2008
N.S. boosts CAT ferry
The company that operates the CAT high-speed ferry service between Portland, Bar Harbor and Yarmouth, N.S., is getting some help from the Nova Scotia government.
Nova Scotia's Economic Development Department has invested $4.4 million in Bay Ferries Ltd. to help the company survive in the face of crippling fuel costs, according to the Halifax Chronicle-Herald. A government official told the paper the ferry service would not have been able to continue without the financial boost.
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