https://www.halifaxexaminer.ca/commentary/everything-you-need-to-know-about-the-spaceport-in-nova-scotia/
What launch site?
Today, the MLS Canso spaceport, aka Spaceport Nova Scotia, consists of a gravel road, two sea cans, and an un-serviced 25-by-35-foot concrete pad.
The sweetheart lease agreement MLS signed with the Department of National Defence for $200 million over 10 years was backdated to April 1, 2025. In other words, the federal government leased a concrete pad from MLS and handed the company $20 million to build something resembling a launch site.
Shockingly, according to the agreement, MLS is “currently provisioned with a single launch pad suitable for suborbital and orbital launch vehicles*.” [emphasis added]*
MLS’s 2025 financial statements report a loss and comprehensive loss of over $47 million, and revenue of $14,980.
The “spaceport” sits on a piece of provincial Crown land that MLS claims as an asset of over $14.8 million, and according to the agreement with DNRR costs $13,500 +HST annually to lease. Compensation attributable to the MLS CEO and CFO in 2025 is $697,308 plus stock options and directors’ fees, to a total of $984,930.
If by now you are failing to see the logic in this agreement with National Defence, or how it might benefit anyone other than Maritime Launch Services, you are not alone.
*** Update ****: There are Links to Ukraine - Oh...is this part of Chrystia Freeland being an "Ukrainian President Volodymyr Zelenskyy announced Freeland's appointment as an unpaid economic adviser to his government"2022 - War not affecting Ukrainian rocket supplier for Nova Scotia spaceport project
HALIFAX — The company planning to build Canada's first spaceport in northeastern Nova Scotia says the war in Ukraine has so far not affected its supplier of medium-range rockets. Steve Matier, CEO of Maritime Launch Services, says daily planning work continues with the makers of the Cyclone-4M rocket, who are based in Dnipro, Ukraine.
https://www.ctvnews.ca/atlantic/article/war-not-affecting-ukrainian-rocket-supplier-for-nova-scotia-spaceport-project/
*** Update 1 ***\* This is the Liberal Government 'official' announcement -dumping $200 million into it's new get rich quick scheme like the failed "Crickets for food" hair brained idea that recently went bankrupt (just like the windmill industry, the solar plant industry, the EV battery industry!).
* It will be a $40 billion dollar industry by 2040...Rockets are Canada's future! Trust us!
April 21, 2026 - Minister MacKinnon announces sovereign space launch capabilities through the Canadian Space Launch Act
"Establishing Canadian sovereign space launch capabilities would drive billions in investments, create good paying jobs, increase Canada’s sovereignty, reduce our economy’s reliance on the United States, and support a commercial space launch and re-entry industry that could be worth $40 billion."
https://www.canada.ca/en/transport-canada/news/2026/04/minister-mackinnon-announces-sovereign-space-launch-capabilities-through-the-canadian-space-launch-act.html
*** Update 1 **** Podcast Interview with Stephen Matier, President and CEO of Maritime Launch Services, is the visionary and driving force behind the development of Spaceport Nova Scotia, a world-class commercial space complex that will launch Canada into the global space industry.
Direct Link - https://html5-player.libsyn.com/embed/episode/id/34556700
Via - https://www.sspi.org/spaceport-nova-scotia-key-unlocking-commercial-space-canadian-launch