Portland, Maine

Nova Scotia gives $2m to help ferry company

Nova Scotia’s government is providing $2 million to help a ferry operator meet federal requirements in the United States so tickets can be sold for service between Halifax and Portland, Maine. Economic Development Minister Michel Samson said the money will be used by the company to post a bond required by the US Federal Maritime Commission. That raises to $6.8 million the amount spent so far by the province, which has committed $21 million over seven years to subsidize the service. Mark Amundsen, chief executive officer of Nova Star Cruises, said the funds will enable the company to start advertising fares and selling tickets.