
2025 cruise season launch: Port of Montreal's Grand Quay all set to welcome close to 60,000 passengers and crew members Français
A great season ahead
The 2025 cruise season features 42 operations from 13 cruise lines and 21 different ships, for an estimated total of close to 60,000 passengers and crew members. For the 2025 cruise season, the Port of Montreal highlights the new vessels calling at Montreal for the first time: Seven Seas Splendor (Regent Seven Seas Cruises), Silver Shadow (Silversea Cruises), and Allura (Oceania Cruises).
"The Port of Montreal is proud to launch a new cruise season that manifests the vitality of our city and its appeal to cruise lines and travellers from around the world. Beyond the tourism aspect, cruises generate significant economic benefits for the local and regional community. It's also a great opportunity to showcase our river, our expertise and our hospitality," said Julie Gascon, President and CEO of the Port of Montreal.
"At Tourisme Montréal, we are proud to see that 97% of cruise passengers are satisfied with their experience in Montréal. Our city continues to establish itself as one of North America's top cruise destinations. Our unique position as a preferred embarkation port for luxury ships brings tangible economic benefits to the city—across accommodations, dining, and cultural experiences. Wishing everyone a great season ahead!" said Yves Lalumière, President and CEO of Tourisme Montréal.
Major benefits for Greater Montreal
The cruise industry remains an important economic driver and a real asset as a tourism draw for the city. In 2024, the economic impact was estimated at $25 million, not including the contribution of the river excursion sector, which attracted close to 120,000 passengers. Every cruise ship arrival brings direct business to the city's shops, restaurants, and tourist attractions, generating direct and indirect jobs. This momentum also supports local initiatives that promote Montreal's cultural heritage while stimulating the local economy.
Victory I: a lasting presence in Montreal
To mark the season's first stopover, a commemorative plaque was presented to John Waggoner, owner of Victory Cruise Lines, with Julie Gascon, President and CEO of the Montreal Port Authority, and Captain Geir Lilleeng, master of the Victory I, also attending. The Victory I has a long history with Montreal. The ship first called under the name Saint-Laurent in July 2016 with the Haimark Line. It was then purchased by Victory Cruise Lines and renamed Victory I, before being bought by American Queen Voyages and renamed Ocean Voyager. In 2023, John Waggoner bought both vessels from the cruise line, renamed them Victory I and Victory II, and went back to the corporate name Victory Cruise Lines. Between 2016 and 2024, the two vessels made 35 calls to Montreal, carrying 7,167 passengers (PAX). By scheduling four stopovers this year, Victory Cruise Lines affirms its intent to develop Montreal as a must-see destination on its routes.
Launch of the summer season at the Grand Quay
The return of warm weather also signals the start of peak season at the Grand Quay. This summer's programming features a lineup of major events. Highlights include C2 Montréal, the Climate Summit in May, SAQ Inspire, Startupfest, the Salon de la Femme noire, and the Martinique Gourmande festival, which tops off the summer season. These events are in addition to the site's outstanding attractions: the green roof, Commencement Square along the river, and the Port of Montreal Tower with its spectacular views of the city and the St. Lawrence River. A unique setting to welcome visitors, residents and cruise passengers all summer long!
Click here for the full schedule of cruise ship arrivals and departures at the Port of Montreal
About the Port of Montreal
Operated by the Montreal Port Authority (MPA), the Port of Montreal is the largest container port in Eastern Canada and a diversified transshipment centre that handles all types of goods: containerized and non-containerized cargo, liquid bulk and dry bulk. The only container port in Quebec, it is a destination port served by the largest shipping lines in the world. It is also an intermodal hub with a service offering that is unique in North America, featuring its own rail network directly dockside connected to Canada's two national rail networks. The MPA also operates a Cruise Terminal.
The MPA factors economic, social and environmental components into its corporate initiatives. This commitment is governed by a sustainable development policy whose guiding principles focus on involvement, cooperation and accountability. Port activity in Canada supports some 590,000 jobs and generates $93.5 billion in economic activity.
About Tourisme Montréal
Founded in 1919, Tourisme Montréal is a private non-profit organization that works to position Montréal as a world-class destination for various leisure and business tourism markets. As such, the organization leads innovative tourist welcome strategies with a twofold objective: ensuring that visitors enjoy a high-quality experience and maximizing the economic benefits of tourism. Now uniting more than 1,000 businesses working directly or indirectly in the tourism industry, Tourisme Montréal plays a leading role in the management and development of Montréal's tourism offer and makes recommendations on issues with regard to the city's economic, urban and cultural development. For more information, please visit https://www.mtl.org/en
SOURCE Montreal Port Authority
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Cision Canada
a day ago
- Cision Canada
/R E P E A T -- MEDIA ADVISORY - Celebrate the 200th anniversary of the Lachine Canal at the "Lock and Paddle" event!/ Français
MONTRÉAL, July 18, 2025 /CNW/ - The Honourable Nathalie Provost, Secretary of State (Nature) and Member of Parliament for Châteauguay—Les Jardins-de-Napierville, will be present at the Saint-Gabriel Lock (Lock No. 3) of the Lachine Canal National Historic Site to participate in the annual Lock and Paddle event. This unique activity offers the public a chance to navigate the historic lock in non-motorized watercraft at no cost. This year, Parks Canada celebrates the 200 th anniversary of the Lachine Canal — a major milestone for this iconic waterway. A photo opportunity will be available. Please note that this advisory is subject to change without notice. The details are as follows: SOURCE Parks Canada (HQ)


Cision Canada
2 days ago
- Cision Canada
Montfort Capital Announces Reinstatement of Trading on TSXV
TORONTO, July 18, 2025 /CNW/ - Montfort Capital Corp. (TSXV: MONT) (" Montfort" or the " Company") is pleased to announce that the TSX Venture Exchange (the " TSXV" or the " Exchange") has accepted its application for reinstatement of trading of the Company's common shares on the TSXV. This follows the successful resolution of the Failure-to-File Cease Trade Orders (collectively, the " FFCTO") issued by the Ontario Securities Commission (the " OSC") on May 7, 2025 and June 5, 2025, and revoked on May 28, 2025 and June 12, 2025, respectively. The Company expects its common shares to be reinstated for trading shortly. The FFCTO was issued as a result of the delay in the filing of the Company's annual audited financial statements for the year ended December 31, 2024 (the " Late Annual Financial Statements"). The delay in filing the annual financial statements had a cascading effect which caused the Company to also be late in filing its interim financial statements for the three-month period ended March 31, 2025 (the " Late Interim Financial Statements" and together with the Late Annual Financial Statements, the " Late Financial Statements"). The Company filed the Late Annual Financial Statements on May 27, 2025 and filed the Late Interim Financial Statements on June 11, 2025, whereby the OSC automatically revoked the FFCTO. Upon the revocation of the FFCTO, the Company applied to the TSXV to have its Common Shares and Series A Class A Preferred Shares reinstated for trading. The Company acknowledges and appreciates the patience of its shareholders and stakeholders during this process and reaffirms its commitment to adhering to high standards of compliance and corporate governance. In addition to the announcement regarding the reinstatement of trading on the TSXV, the Company is providing an update on a number of matters, including the following: Related Party Loans Disclosure During the financial year ended December 31, 2023, lending subsidiaries of the Company issued unsecured demand promissory notes to Godsoe Financial Capital Corporation, an entity controlled by Michael Godsoe, former director and officer of Langhaus Financial Corporation, for aggregate gross proceeds of $1,175,000 to fund their lending activities (the " 2023 Related Party Notes"). The 2023 Related Party Notes are due in September 30, 2025 and yield an interest rate of TD Prime Rate plus 125 basis points per annum. During the financial year ended December 31, 2024, the Company and lending subsidiaries of the Company issued unsecured demand promissory notes to certain directors and officers of the Company for aggregate gross proceeds of $1,450,000 to fund their loan book (the " 2024 Related Party Notes"). The 2024 Related Party Notes represent less than 1.0% of the total consolidated indebtedness of the Company. The 2024 Related Party Notes are payable within 180 days of demand and yield an interest rate between 8% to 12% per annum. During the six months June 30, 2025, lending subsidiaries of the Company issued additional unsecured demand promissory notes to a certain director of the Company for aggregate gross proceeds of $350,000 for additional funding to their loan book (the " 2025 Related Party Notes" and together with the 2023 Related Party Notes and 2024 Related Party Notes, the " Related Party Notes"). The 2025 Related Party Notes are payable within 180 days of demand and yield an interest rate of 8 to 12% per annum. The Related Party Notes remain subject to TSXV acceptance. Amended Pivot General Facility Pivot Financial I Limited Partnership (" Pivot LP") entered into a 2 nd amended and restated credit agreement (the " Amended Pivot General Facility") dated August 2, 2024 with Cortland Credit Lending Corporation, as lender, with the Company, 2862454 Ontario Inc., Brightpath Capital Corporation, Langhaus Financial Corporation and Langhaus Financial Partners Inc., each continuing to act as guarantors. The loan commitment under the Amended Pivot General Facility is $22.75 million and US$3.0 million. The purpose of the Amended Pivot General Facility was to extend the maturity date to April 30, 2025, which was further extended to June 30, 2025. Pivot LP is currently working towards another extension of the Amended Pivot General Facility with Cortland Credit Lending Corporation. The Amended Pivot General Facility remains subject to TSXV acceptance. At the end of March 2025, Pivot LP was in breach of the Amended Pivot General Facility by breaching a financial covenant that limits its total advances to certain borrowers to $16.5 million. On April 23, 2025, Pivot LP rectified this covenant breach after receiving a $2.5 million principal payment from a borrower subject to the financial covenant under the Amended Pivot General Facility. Incite Capital Markets Agreement On May 1, 2020, the Company engaged Incite Capital Markets Inc., an arm's length firm (" Incite") to assist with corporate awareness and investor relations, which included developing communications strategies for Montfort. Incite received a fee of $8,000 plus applicable taxes per month for fiscal years 2020, 2021 and 2022 and the monthly fee was increased to $9,000 plus applicable taxes commencing January 1, 2023. The Company terminated services with Incite effective March 1, 2024. Incite and its principals hold approximately 3.0% of the issued and outstanding common shares in the capital of the Company. The engagement of Incite to provide investor relations services to the Company remains subject to TSXV acceptance. Incite is a Vancouver-based capital markets advisory corporation. Incite provides expertise in capital markets, corporate communications, and investor and media relations. In addition to strategic insights, Incite invests in small to mid-sized technology companies. For further information, please visit Langhaus LifeCo Securitization Facility Langhaus Insurance Finance LP III (" Langhaus LP III"), though its general partner, LIF GP III Corporation, as seller, entered into a master purchase and servicing agreement (the " LifeCo Facility") dated September 10, 2024 with a major Canadian life insurer (" LifeCo"), as purchaser and agent, whereby Langhaus LP III agreed to sell certain Payments and Related Assets (each as defined in the LifeCo Facility) (collectively, the " LifeCo Receivables") associated with insurance-backed loans originated by Langhaus Financial Corporation. To secure the payment of the LifeCo Receivables, Langhaus Financial Corporation, parent to Langhaus LP III and a subsidiary of the Company, pledged all accounts of Langhaus LP III, including records therefor and proceeds thereof, to the LifeCo. The LifeCo Facility has a purchase limit of $25,000,000 and includes a securitization factor of 92%. Langhaus MOU with Canadian Life Insurer In January 2025, Langhaus signed a memorandum of understanding (" MOU") with a major Canadian life insurance company to achieve certain business volume targets over a five-year period that commenced December 31, 2024. If volume targets have not been achieved by the end of the five-year period, Langhaus could be liable for a payment to the life insurance company of up to $2.1 million. Management estimates the business volume targets are achievable in the normal course of operations and the probability of a payment being required at the end of the five-year period is very low. As a result, no contingent liability is expected to be recorded in relation to this MOU. On Behalf of the Board of Directors: Ken Thomson, Director & Chief Executive Officer Montfort Capital Corp. Web: About Montfort Capital Montfort is a trusted provider of focused private credit strategies for institutional investors, family offices, and wealth managers. We employ focused strategies, experienced management teams and advanced technology to drive risk-adjusted investment returns. For further information, please visit Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. FORWARD-LOOKING INFORMATION This news release contains "forward-looking information" and "forward-looking statements" (collectively, " forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release may include statements about the time of the reinstatement of trading of the Company's securities on the TSXV and the extension to the Amended Pivot General Facility. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated that could affect the reinstatement of trading of the Company's securities on the TSXV and the ability for Pivot LP to extend the maturity date of the Amended Pivot General Facility. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law. SOURCE Montfort Capital Corp.


Cision Canada
2 days ago
- Cision Canada
Federal, Provincial and Territorial Ministers of Agriculture meet to help strengthen the resilience and competitiveness of the sector Français
OTTAWA, ON, July 18, 2025 /CNW/ - Yesterday, federal, provincial and territorial (FPT) Ministers of Agriculture met virtually to discuss ways to support a more resilient and competitive agriculture sector and food supply chains that make up Canada's agri-food landscape. Ministers discussed possible measures to support the hard-working producers and processors across Canada to address the emerging challenges related to international trade and the potential opportunities that could be created by increased interprovincial trade. Ministers reiterated their commitment to enhancing the effectiveness of business risk management (BRM) programs. Due to the uncertain trade environment and unfavourable climate conditions in parts of the country, Ministers agreed to take the necessary steps to implement a package of enhancements to the AgriStability program. For the 2025 program year only, the compensation rate will be increased from 80% to 90% and the maximum payment limit will be increased from $3 million to $6 million. These changes are meant to help producers manage the risks they face. In addition, for AgriStability, starting in the 2026 program year, provinces and territories will have the option to use a new inventory valuation method for inventories destined to be used on-farm. Ministers agreed to seek the necessary approvals to include feed costs associated with rented pasture as an allowable expense in advance of the 2026 program year, report back on progress at the September annual meeting and to continue a review of AgriStability allowable expenses. FPT Ministers are working together to increase interprovincial trade of food. Ministers discussed a variety of options, including ways to remove barriers to internal food trade and identify new trade opportunities. Ministers also discussed enhanced client service support from the Canadian Food Inspection Agency (CFIA) for small to medium-sized businesses wishing to market food products across Canada under a federal food licence, increasing slaughter capacity where possible in regions with restricted access to services, and allowing interprovincial trade of low-risk manufactured foods without a federal licence. These ideas will be informed by the two ongoing pilots on meat trade and slaughter that are being accelerated. These initiatives aim to support business growth and improve market access, while maintaining Canada's robust food safety system. FPT Ministers highlighted the critical importance of joint efforts across governments to maintain, expand and diversify international market access. In support of this work, Ministers discussed the federal Indo-Pacific Agriculture and Agri-Food Office and other resources in the region. Ministers also emphasized the importance of engaging with China at the highest level, to improve the overall trade relationship and to remove Chinese tariffs on Canadian agriculture and seafood products. Ministers also underscored the benefits of existing trade agreements and emphasized the importance of considering the impact of tariffs on businesses. The annual conference of FPT Ministers of Agriculture will take place in-person in Winnipeg, Manitoba September 7-9, 2025. Quotes "Thanks to the hard work and dedication of our farmers, ranchers and food processors across the country, we've earned a reputation for producing the best products in the world. By working together across governments, we can continue to strengthen the resilience and competitiveness of our sector, drive economic growth, and help to ensure Canadian products continue to lead on quality, safety, and sustainability." - The Honourable Heath MacDonald, federal Minister of Agriculture and Agri-Food "The province of Manitoba strongly supports our agricultural producers, the backbone of the Manitoba economy. We remain committed to working with other levels of governments, private sector partners and other provinces to deliver programs that support food security, and sustainable practices to ensure the economic viability of farms. We will continue to work tirelessly to advocate for important programs that help producers manage environmental and market risks in a changing global political environment." - The Honourable Ron Kostyshyn, Manitoba Minister of Agriculture Quick facts Canada's global exports of agriculture and agri-food in 2024 overall was $92.2 billion in 2024, compared to $91.6 billion in 2023. In 2024, Canada exported nearly $100.3 billion globally in agri-food, fish and seafood products combined. In 2023, that number was $99.2 billion. Related products: SOURCE Agriculture and Agri-Food Canada