The Hemisphere: Low-Toll Seaway

The Canadian and U.S. committees assigned to recommend a toll policy for the St. Lawrence Seaway last week plumped for low tolls aimed at attracting a high volume of traffic to the new deepwater channels when they open next year. Hearings on the toll rates will open in Ottawa and Washington in August; if both the U.S. and Canadian governments approve the rates as recommended, it will usually cost shipowners less in tolls to move their vessels the 369 miles from Montreal to Lake Erie than to go through the Panama or Suez Canals.

To pass through both the St. Lawrence...