Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Local News


 

Hudson Bay Railway says negotiations regarding the sale of the Churchill rail line have broken down.

They state despite their best efforts to find common ground on certain key issues it now appears the transaction with a consortium that includes two First Nations groups and Fairfax Financial has fallen apart and that the sale of HBR to this group may not be possible.  They add they will continue to pursue any and all opportunities to sell the rail line and related assets.  HBR says they initiated the repair process last week but this development may jeopardize the opening of the rail line this season as they are not in a position to fund the entirety of the repairs in the absence of a sale agreement.

             

Churchill has been without rail service for more than a year after flooding washed out portions of the tracks.

 

Hide Comments


Quick Pick

            

                                 

    

 



Weather


Frontline Sport & Leisure - U-Pick/Opinion Poll
Big Sugar- Diggin A Hole
Billy Joel- Big Shot
Lady Gaga- Edge Of Glory
View Results


Your Calendar

LinkedUpRadio Envisionwise Web Services