Tuesday, July 22nd14.9°C
22712
21953

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

22567


Recent Trending




Today's Market
S&P TSX15249.99-16.58
S&P CDNX1006.48-5.76
DJIA17051.73-48.45
Nasdaq4424.704-7.442
S&P 5001973.63-4.59
CDN Dollar0.9314+0.0002
Gold1313.40+4.2001
Oil104.90+0.31
Lumber327.80+1.50
Natural Gas3.842-0.007

 
Okanagan Companies
Pacific Safety0.20+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.150.00
Cantex0.055-0.005
Anavex Life Sciences0.348+0.008
Metalex Ventures0.065-0.005
Russel Metals34.99-0.16
Copper Mountain Mining2.69-0.01
Colorado Resources0.20-0.005
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.18-0.03

 



21723

FEATURED Property
2015913#16 610 Katherine Road
2 bedrooms 2 baths
$129,300
more details
image2image2image2
Click here to feature your property
Please wait... loading


Labour shortage in BC

The mainstream media are finally waking up to something unusual in British Columbia – a labour shortage. If the experience of Alberta is a guide to our own future, the highly skilled labour will...


Learn to delegate effectively

Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...


Euro debt woes re-emerge

Big Picture Euro debt woes re-emerge Europe’s debt woes jumped back into the headlines this week trumping other economic, geopolitical and corporate developments. Word that one of Portugal&rsquo...

_








Member of BC Press Council


22461