The Huron Central Railway is no longer at risk of shutting down.
Genesee & Wyoming Canada (GWCI) announced today that it has suspended plans to terminate operation of the HCRY, after negotiations with both the provincial and federal governments.
The threat of closure for the HCR has been an ongoing issue since 2009.
GWCI had previously announced it would cease HCR s operations on Dec. 18, 2020. An extension was agreed upon, expiring June 30, 2021.
In a press release issued this afternoon, Genesee & Wyoming said the recent federal budget included the renewal of the National Trade Corridors Fund, delivered through Transport Canada, with renewed criteria. The renewed criteria, the rail-freight company says, will remove barriers that had previously prevented short line railways, like the HCR, from eligibility.
Huron Central Railway to keep rolling - funding expected saultstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saultstar.com Daily Mail and Mail on Sunday newspapers.
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The federal Liberal budget released Monday is being hailed as something for everybody to help individuals, families and businesses emerge in the post-pandemic world.
This is the first full federal budget released by the Liberal government since the pandemic began in the spring of 2019.
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Deputy Prime Minister and Minister of Finance Chrystia Freeland unveiled her first budget Monday, a whopping 739 pages, titled A Recovery Plan for Jobs, Growth and Resilience. Freeland is Canada’s first female in the high-ranking role as finance minister.
FedNor to get equal, standalone status Ensuring the North s regional economic development agency is an equal to other agencies that serve Canada has been important to community leaders like MP Terry Sheehan and Mayor Christian Provenzano.
Author of the article: Elaine Della-Mattia
Publishing date: Apr 20, 2021 • 5 days ago • 4 minute read •
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Putting Northern Ontario on par with other regional economic development agencies across Canada is something that has always been important to Sault Ste. Marie MP Terry Sheehan.
That’s why he’s particularly pleased with Page 66 of the massive 739-page federal budget released Monday that promises to make FedNor a standalone regional development agency.
FedNor to get equal, standalone status elliotlakestandard.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elliotlakestandard.ca Daily Mail and Mail on Sunday newspapers.