There is big news for boaters who use the Trent-Severn Waterway.

Today the Federal Government announced it will invest close to $270 million to improve the multi-lock system.

This funding will be used to restore and repair bridges, dams, locks and historic masonry structures, as well as improve visitor safety thanks to new lighting, handrails and signage.

“From First Peoples to fur traders to lumber barons and steamship traffic, the Trent Severn has linked communities across Ontario for hundreds of years. Today’s investment will ensure Canadians can continue to work and play on its shores for generations to come,” says Minister of Democratic Institutions, Maryam Monsef, who made the announcement.

The Trent-Severn Waterway is Canada's largest national historic site spanning nearly 400 kilometres and with more physical assets than any other. It has 44 locks, a marine railway and approximately 160 water control structures.

It is also one of Canada’s most visited national historic sites welcoming more than 1 million visitors every year.

To help mark Canada's 150th birthday next year the government also announced today that it will be free to use the lock system in 2017.