Sunday, April 19th12°C
25631

Troubled northern Manitoba rail line could get more help for repairs

CHURCHILL, Man. - The Manitoba government is hinting it's open to offering more help to a troubled rail line that carries goods and people to the northern town of Churchill.

Infrastructure and Transportation Minister Steve Ashton says he's willing to sit down with the owners, Omnitrax Canada, as well as with the federal government if a request is made.

Freight service along the 270-kilometre final stretch of track between Gillam and Churchill has been suspended since Friday due to problems caused by permafrost.

That follows a derailment in early June that has halted passenger service.

The federal and provincial governments announced $40 million in 2007 to help Omnitrax repair and upgrade the track over five years.

Omnitrax says it has spent more than anticipated of its own money on track maintenance, and has faced a rough winter and spring this year due to the weather.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX15360.55-26.22
S&P CDNX702.85-2.74
DJIA17826.30-279.47
Nasdaq4931.81-75.98
S&P 5002081.18-23.81
CDN Dollar0.8169-0.0001
Gold1202.90+6.10
Oil56.14-0.57
Lumber248.00-9.80
Natural Gas2.641-0.043

 
Okanagan Companies
Pacific Safety0.12+0.00
Knighthawk0.010.00
QHR Technologies Inc1.40-0.01
Cantex0.035+0.005
Anavex Life Sciences0.33+0.02
Metalex Ventures0.075+0.030
Russel Metals27.48-0.23
Copper Mountain Mining1.13+0.01
Colorado Resources0.10-0.00
ReliaBrand Inc0.005+0.001
Sunrise Resources Ltd0.04-0.01
Mission Ready Services0.175-0.010
Decisive Dividend Corporation1.80+0.15

 





FEATURED Property
22256732081 Ridgerock Place, West Kelowna, V4T 1S7
3 bedrooms 4 baths
$914,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Calling on your help!

Has the internet flattened prices as predicted? Has the internet created opportunities for your business to find higher priced markets further afield? Is posting prices on your website a good thing o...


Living with Plan B

“It does not do to leave a live dragon out of your calculations, if you live near him.”― J.R.R. Tolkien, The Hobbit Photo: Thinkstock.comHuman beings are optimists by nature. Whether...


Reverse mortgage solution

With the housing and financial markets on solid footing, some retired Canadians may consider cashing in their growing assets to enjoy vacations and major home renovations. Others, on the other hand, a...

_



25979




Member of BC Press Council


25541