Wednesday, October 22nd13.3°C
23840
23589

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

23833


Recent Trending




Today's Market
S&P TSX14547.71+209.94
S&P CDNX822.2810.93
DJIA16614.81215.14
Nasdaq4419.479+103.404
S&P 5001941.28+37.27
CDN Dollar0.8899-0.001
Gold1247.10-4.60
Oil81.92-0.04
Lumber329.70+0.10
Natural Gas3.706-0.005

 
Okanagan Companies
Pacific Safety0.100.00
Knighthawk0.01-0.005
QHR Technologies Inc1.17+0.05
Cantex0.055-0.025
Anavex Life Sciences0.192+0.001
Metalex Ventures0.045-0.005
Russel Metals33.09+0.81
Copper Mountain Mining2.17+0.18
Colorado Resources0.150.00
ReliaBrand Inc0.012+0.0009
Sunrise Resources Ltd0.060.00
Mission Ready Services0.46+0.01

 



23015

FEATURED Property
21077581603 Willow Crescent
3 bedrooms 3 baths
$479,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...


Experts share strategies in Kelowna

The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...

_








Member of BC Press Council


22707