(2) Unless a contrary intention appears, words and expressions used in this Act have the same meaning as in the Canada Business Corporations Act.
NATIONAL MARINE POLICY
3. It is hereby declared that the objective of this Act is to
(a) implement a National Marine Policy that provides Canada with the marine infrastructure that it needs and that will promote and safeguard Canada's competitiveness and trade objectives;
(b) base the marine infrastructure and services on international practices and approaches that are consistent with those of Canada's major trading partners;
(c) ensure that marine transportation services are organized to satisfy the needs of users and are available at a reasonable cost to the users;
(a) provide for a high level of safety and environmental protection;
(e) provide a high degree of autonomy for local or regional management of components of the system of services and facilities and be responsive to local needs and priorities;
(f) manage the marine infrastructure and services in a commercial manner that encourages, and takes into account, input from users; and
(g) provide for the disposition, by transfer or otherwise, of certain ports and port facilities.
PART I
CANADA PORT AUTHORITIES
Interpretation
4. The definitions in this section apply in this Part.
"port" means the navigable waters under the jurisdiction of a port authority and the real property that the port authority manages, holds or occupies as set out in the letters patent.
"user", in respect of a port, means a person that makes commercial use of, or provides services at, the port.
Application
5. (1) This Part applies to every port authority set out in the schedule and to every port authority for which letters patent of incorporation are issued or that has been continued under this Part and that has not been dissolved.
(2) The Minister may, by order, amend the schedule by adding to it the names of port authorities to which letters patent are issued or by removing from it the names of port authorities that are dissolved.
Incorporation
6. (1) The Minister may issue letters patent of incorporation that take effect on the date stated in them for a port authority without share capital for the purpose of operating a particular port in Canada if the Minister is satisfied that the port
(a) is, and is likely to remain, financially self-sufficient:
(b) is of strategic significance to Canada's trade;
(c) is linked to major rail lines or a major highway infrastructure; and
(d) has diversified traffic.
(2) The letters patent shall set out the following information:
(a) the corporate name of the port authority;
(b) the place where the registered office of the port authority is located;
(c) the navigable waters that are within the port authority's jurisdiction;
