From Wawa-News.com; November 1, 2018
In May of 2017, spring flooding damaged the rail line leading into Churchill, Manitoba. Omnitrax said that it would be too expensive to repair, and as a result, the community suffered from soaring costs for food and fuel; and isolation, relying on very expensive flights for transportation.
In late August 2018, Arctic Gateway Group Limited Partnership, a private-public partnership that includes Missinippi Rail Limited Partnership, Fairfax Financial Holdings, and AGT Limited Partnership purchased the Hudson Bay Railway and the Port of Churchill from Denver-based company Omnitrax. In support, the federal government provided $74 million to help fix the railroad and purchase the assets. Another $43 million is to be doled out over 10 years to subsidize operations.
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