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Summary

On November 5, we issued a quality control review report of the audit of the Saint Lawrence Seaway Development Corporation’s financial statements for fiscal years 2009 and 2008. Chiampou Travis Besaw & Kershner LLP, under contract to the Seaway, issued a clean (unqualified) audit opinion and reported no internal control deficiencies.

Complete financial statements are included in the Saint Lawrence Seaway Development Corporation's Annual Report which also contains a copy of the Chiampou Travis Besaw & Kershner report beginning on page 24.