YARMOUTH, Nova Scotia (AP) - Nova Scotia's economic development minister says the provincial government has completed a deal with a Maine-based company to run a ferry service between Portland and Yarmouth, Nova Scotia.
Graham Steele announced Thursday that a deal was struck to resume the ferry in May. The provincial government is providing $10.5 million in startup costs and $1.5 million in annual marketing assistance for a total of $21 million over seven years.
The ferry service was scrapped in December 2009 after the subsidies were cut.
The sailing schedule will be May 1 to Oct. 31, departing Yarmouth daily at 9 a.m. and arriving in Portland at 5 p.m., local time. The return trip would leave Portland at 8 p.m. and arrive in Yarmouth at 7 a.m., local time.
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