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Obviously, the purchase from OmniTrax would not have taken place without the help of millions of dollars from the federal government but perhaps the most important thing about the new ownership group is that it is made up of people who truly have a stake in seeing the port and railway be successful, even if it isn’t necessarily a significant financial one made up of their own assets. To anyone who watched the communities along the line and particularly Churchill at the end of it languish in limbo for month after month after month as OmniTrax said it couldn’t afford to fix the Hudson Bay Railway after flooding washed out portions of the railbed between Gillam and Churchill, it was obvious that the owner’s biggest problem was that it just didn’t care. Business can often be about numbers on spreadsheets and profit margins and EBITDA and monetary considerations and that’s fine. But when that business is the only land transportation link a community has to the rest of the pr ....
“A tremendous amount of hard work has seen northern communities reach this critical milestone,” said Town of Churchill mayor and OneNorth co-chair Mike Spence in a March 11 press release. “Together with our partners we are taking the next important steps to realize our vision for a national Arctic trade corridor.” The transfer to local ownership takes place about four years after OmniTrax stopped operating the railway after spring flooding washed out portions ofd the rail line between the Pas and Churchill, which came a year after the then-owner laid off port staff and announced that it would not be shipping anything out of the port that summer. Trains did not run on the rail line for more than a year as OmniTrax refused to make repairs but they were completed with a few months after the new owners took over. ....
Loss of corporate rail, port partners presented as win for Churchill winnipegfreepress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from winnipegfreepress.com Daily Mail and Mail on Sunday newspapers.
“OneNorth is a unique partnership that will build and further leverage northern infrastructure,” said Ralph Eichler, Manitoba’s minister of Economic Development and Jobs, which is providing the grant in partnership with Indigenous and Northern Relations. “This funding will allow the group to continue seeking additional economic development opportunities in Northern Manitoba, helping strengthen Manitoba’s economy.” $675,000 from Manitoba Agriculture and Resource Development is going to help Manitoba fisheries work towards sustainable certification in an effort to offer their products through high-value international markets. Indigenous fishing communities will be involved in the process through a collaborative stock monitoring program to provide data needed for pre-certification assessments and subsequent industry improvement projects to advance the province’s fisheries towards full certification assessments. ....
The agreement is not a final transfer or sale, but it does signal a starting point to begin formal negotiations. The two sides are hoping to finalize a deal within 45 days. “Having visited many communities along the rail line, it became clear to me that the rail line served as a utility for these remote communities and that for the line and the assets to truly succeed, First Nation participation in ownership and management was essential,” said OmniTrax Canada president Merv Tweed in the release. Earlier this year, OmniTrax cut freight train service to Churchill from two trains per week to one and laid off much of its staff in Churchill. ....