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(Updated video) The Maid of the Mist has lost the contract to operate the famous tour boats in Niagara Falls that have ferried tourists for more than a century.
The Niagara Parks Commission says it has awarded a 30-year land-lease agreement to Hornblower Canada. The new deal is expected to generate over $500 million in revenue for the parks commission over the life of the contract, an increase of more than $300 million from previous contracts.
Ontario’s Liberal cabinet ordered the NPC to open the tour boats to competitive bidding in 2009, after complaints Maid of the Mist had been given a 25-year un-tendered contract.
Video: Kate Carnegie reports: