Thursday, August 21st10.4°C
22568
22285

Via Rail announces new CEO after Harper cabinet minister calls for a shakeup

MONTREAL - Via Rail has named a new chief executive officer a little more than a week after a senior federal cabinet minister called for new leadership at the Crown corporation.

Yves Desjardins-Siciliano is taking over from Steve Del Bosco, who had been doing the job on an interim basis since the start of this year.

Desjardins-Siciliano had been serving as Via's chief corporate and legal officer and corporate secretary since 2010.

A statement from Via says he has held executive positions in a variety of industries in Toronto and Montreal.

The appointment comes after Foreign Affairs Minister John Baird publicly demanded Del Bosco's head.

Baird said he lost confidence in Del Bosco because of how Via has been communicating with the public over issues like technical problems with safety equipment at rail crossings.

Baird, whose riding is in the national capital region, said the last straw came last month when Via wrongly accused Ottawa transit buses of causing a signal malfunction at a crossing near his home.

Del Bosco will be resuming his previous role as Via's chief commercial planning officer, the statement said.

Desjardins-Siciliano called it an "honour" to get the job.

"The task ahead is to ensure that inter-city passenger rail continues to play a key role in the economic prosperity of Canada," Desjardins-Siciliano said.

Via said last November that its overall ridership slipped two per cent to one million passengers in the third quarter of 2013, compared with the same period a year earlier.

However, it said ridership in the vital Quebec City-Windsor, Ont., corridor rose six per cent to 912,000.

Via operates intercity, regional and transcontinental trains linking 450 communities across its 12,500-kilometre route network, carrying almost four million passengers annually.

The Canadian Press


Read more Business News

20759


Recent Trending




Today's Market
S&P TSX15561.95+84.78
S&P CDNX996.70-0.86
DJIA16979.1359.54
Nasdaq4526.482-1.032
S&P 5001986.51+4.91
CDN Dollar0.9122+0.0007
Gold1280.00-13.40
Oil96.30+1.82
Lumber356.30+1.30
Natural Gas3.903+0.08

 
Okanagan Companies
Pacific Safety0.18-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.21+0.01
Cantex0.065-0.005
Anavex Life Sciences0.260.00
Metalex Ventures0.0850.00
Russel Metals37.45+0.23
Copper Mountain Mining2.92+0.15
Colorado Resources0.185+0.015
ReliaBrand Inc0.085+0.008
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.23+0.03

 





FEATURED Property
1553245#226 - 1099 Sunset Drive
2 bedrooms 2 baths
$299,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Joint accounts: what you need to know!

Establishing a joint account may seem like a great strategy at first glance. However, there are many factors that must be considered before taking this action. This article will explore the use of &ls...


Cost of an Injury Lawyer

Let’s face it; nobody wants to pay for legal services if they do not have to, but if you have been injured in an accident you may have thought about hiring a lawyer to help you navigate your cla...


Going home to a bully!

Finally, after three months in New Brunswick, I am back home in the sunny Okanagan. It is a delight to be home and the lake, vistas, people and climate never disappoint. Like many people however, I...

_








Member of BC Press Council


22894