The Toronto Port Authority (TPA) manages and operates not only the Port of Toronto but the city's City Centre Airport, including its MEDVAC service. The TPA owns and operates the Outer Harbor Marina and over 50 acres of paved cargo-handling area. The Port of Toronto is next to the city's industrial, business, and cultural centers and offers direct access to highway and rail networks for the metropolitan area and for a wider market that covers Ontario, Midwest Canada, Northwestern Quebec, and the northeast U.S.
Port of Toronto operations cover over 20 hectares and include seven marine berths, an almost 14 thousand square meter marine terminal, a 100 thousand square meter container terminal with heated storage with electrical connections, and a secured paved yard.
Storage facilities at the Port of Toronto include Warehouse 52, a heated indoor area with bays for containers and rail and truck services. The paved yard, which is protected by 24-hour security, contains three sheds covering almost 21 thousand square meters and two outdoor terminals covering over than 103 square meters. Large paved container yards contain several container cranes, electric plugs for reefers, and direct access to rail services. The roll-on/roll-off dock features a fenced paved yard. In 2003, the Port of Toronto handled over 2 million tons of cargo, representing a 22% increase over the previous year.
The major bulk cargoes distributed from the port include sugar, salt, cement, aggregates, asphalt and liquids.
There was a time when cruising the Great Lakes was a profitable business. But the combined increasing size of cruise ships and limited size of the St Lawrence Seaway virtually ended cruise traffic for 25 years. In 1997, the 25-year stand-still ended when the C.Columbus arrived, facilitating a rebirth of tourism for the Port of Toronto.
Since 1997, cruise traffic has steadily increased. In 2008, 14 cruise ships visited the port during the summer months, thanks to the Great Lakes Cruising Coalition of which the Toronto Port Authority was a founding member.