Canadian Railroads > Deal to save the Hudson Bay Raillway falls through

iChurchill calls off Hudson Bay Railway acquisition
> iChurchill Inc. is stepping away from its plan to acquire the
> flood-damaged Hudson Bay Railway and Port of Churchill in northern
> Manitoba, Canada, the private company announced yesterday.
>
> Earlier this month, a group of Manitoba First Nations and iChurchill
> announced they had reached an agreement to buy the rail line, port
> and associated assets, which are owned by OmniTRAX Inc.

iChurchill Inc. implies that the Federal Government is proceeding with
its own plan, possibly involving a sweetheart deal with a particular
company.

Full story:

https://www.progressiverailroading.com/short_lines_regionals/news/iChurchill-calls-off-Hudson-Bay-Railway-acquisition--54732

Also notice another article there that G&W's Huron Central is shutting down Sudbury to the Soo.

Posted from Android

joemvcnj Wrote:
-------------------------------------------------------
> Also notice another article there that G&W's Huron
> Central is shutting down Sudbury to the Soo.
>
There's a drama that has been playing out even longer than the Churchill mess.