The National Marine Trade Post has announced a plan to invest $30 million to expand its services in northern Ontario and southern Quebec, adding to the $1.2 billion the post already has.
The investment will allow it to expand to new markets, including the Atlantic and Pacific regions, and create 10 jobs in Toronto.
The post, which currently operates out of a Toronto warehouse, will be the first of its kind in Canada and will provide a more streamlined and streamlined way for companies to buy and sell marine products across Canada.
“We’re committed to creating a more efficient, efficient market, and I’m sure the public and business community will be supportive,” said Chris Mancuso, vice-president of operations at National Marine Trading Post, in an interview with CBC News.
A spokesperson for National Marine trading post says the move is part of an effort to create a better online experience for Canadians.
Mancusos statement said the post is not the first to offer online sales of marine products.
It also said it has partnered with the Ontario Ministry of Natural Resources and Forestry to develop a plan that will provide more streamlined, streamlined, more streamlined marine trading.
That plan is currently being reviewed by the Ministry.
In 2016, National Marine traded more than $4 billion worth of marine commodities, according to a report by the Canadian Association of Petroleum Producers (CAPP).