Maritime Shipping Companies: The backbone of Canada’s Economy

Maritime Shipping Companies: The backbone of Canada’s Economy

Among the countries with a large coastline, Canada stands first with the largest coastline in the world. Shipping companies have played a major role in boosting the country’s economy through the direct transport of goods. The contribution of the cross canada shipping companies has enabled the efficient transport of goods across the country and internationally. The shipping companies in Canada stand ahead when it comes to competition with other shipping companies. It is important to look into history to understand how the shipping companies developed into a means of fast and timely transport of goods in Canada.

An Overview of the Maritime Trade History

The maritime trade in Canada’s history began when the local people used water transport to transport goods to various places. During the colonial period, Canadian shipping ports became important hubs for transporting goods to various parts of the world. During this period, the international shipping lanes and ports of Canada were heavily protected by the Navies. 

During the 19th Century, with the advancement of technology in the maritime trade, Canada saw heavy development in the ports and the shipping industry. With the introduction of steamships, the transportation of goods jumped to the next level. The possibility of transporting double the capacity than earlier times with reduced cost was one of the advantages of steamships. The cargo transport between various countries and within Canada saw a multi-fold increase, boosting Canada’s economy.

The early 20th Century witnessed vast growth in business and trade worldwide. Transporting goods via shipping lanes has now become the biggest mode of transport, as it is reliable and cost-effective. By adapting to the latest technological advancements, improved goods management systems were introduced to ensure safe and reliable transport to any part of the world. Shipping companies have introduced facilities for storing large amounts of goods depending on the customer’s specific requirements. 

With the continuously growing network, companies have opened the doors to business groups in Canada to despatch their goods to any part of the world by ensuring tailor-made customer requirements. Technology advancements have made real-time tracking possible. It allows the end user to know how long it will take for the items to arrive at their destination.

Responsibility for Sustainable Environment

Maritime pollution also increased gradually with the multi-fold growth of the shipping industry and trade via shipping routes. With a large number of ships and cargo vessels operating in the sea, the pollution due to fuel waste and other garbage ditched out to sea also increased. 

However, the importance of protecting the seas was also considered to be the responsibility of the countries making trade through shipping lanes. Various regulations were introduced to check on maritime pollution strictly. Various equipments were installed in ships to ensure that the waste being ditched outside the ships was not polluting the seas. To ensure a sustainable environment, shipping companies have implemented environmentally friendly technology that can lower the release of pollutants into the atmosphere.

The development of shipping companies and the trade through sea increased Canada’s economy and made it a powerhouse of all maritime trades. From the colonial period to the 20th Century, the business of transporting goods by sea increased multiple times by overcoming various challenges and making efficient use of opportunities.

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