A Foreign Trade Zone Point (FTZ) designation will “put Sault Ste. Marie light years ahead of other areas in the world competing for the same jobs we are all competing for,” said Sault MP Terry Sheehan. It was 2016 when Sheehan first heard about the FTZ Point designations and how area businesses and industries were advocating for such.
Now, it is a reality and something that has come to fruition. Sault Ste. Marie has formally been designated a Foreign Trade Zone Point (FTZ). Melanie Joly, Minister of Economic Development and Official Languages, and Sault MP Terry Sheehan, Parliamentary secretary for FedNor, say the designation will bolster Sault Ste. Marie’s position as a great place to do business, create jobs and invest. Read More.