Deal reached to buy Hudson Bay Railway line, only land link to Churchill, Manitoba

By Daniel Otis, Writer, CTV News; August 31, 2018

More than a year after spring flooding severely damaged Churchill’s only land link to the outside world, the remote Manitoba town has confirmed that a deal has finally been made to purchase the troubled Hudson Bay Rail Line from its U.S. owners.

In a message posted to Facebook Friday, Churchill’s mayor and council announced the deal, which was reached by Churchill and a consortium of northern Manitoba communities along with Toronto-based Fairfax Financial Holdings Limited and Regina-based AGT Food and Ingredients, which is one of the world’s largest pulse processing companies.

Click here to read the full story.

 

Please share with others