Canadian Pacific Railway to acquire railway that owns tracks involved in Lac-Megantic disaster

From The Canadian Press, Ottawamatters.com; November 21, 2019

Canadian Pacific Railway Ltd. has entered into a US$130-million deal to acquire the Central Maine and Quebec Railway, which operates the tracks at the centre of the Lac-Megantic disaster in 2013.

CP Rail and Fortress Transportation and Infrastructure Investors LLC, a New York investment firm, announced a definitive agreement for 774 kilometres of track that provides access to ports in Searsport, Maine, and Saint John, N.B.

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