First Nations, private firm agree to acquire Hudson Bay rail line, port

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Bob

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A group of Manitoba First Nations — through a newly formed partnership with private Canadian company iChurchill Inc. — has entered into an acquisition agreement with OmniTRAX Inc. to acquire the Hudson Bay Railway Co. and Port of Churchill in Manitoba.

The rail line, which operates between Gillam and Churchill, has been inoperable since portions of it were washed out by floods in May 2017.

The railroad and port are crucial to the existence of all First Nations in northern Manitoba, according to a press release issued by First Nations and iChurchill.

"My community is directly impacted as this line goes directly through our community and territory," said War Lake First Nation Chief Betsy Kennedy.


Full story:
https://www.progressiverailroading....=prdailynews&utm_campaign=prdailynews5/4/2018
 


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