[Ost-news] Canadian National acquires tar sands rail line

[Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America]

Canadian National acquires oil sands rail line

Canadian National Railway (CN) has acquired the Athabasca Northern Railway in Alberta for $25.3 million and plans to invest as much as $136 million to upgrade the rail link to the oil sands region of Northern Alberta. Athabasca Northern, which runs from Boyle, Alberta, to near Fort McMurray, Alberta, had been owned by Cando Contracting, but Reuters reports it was threatened with abandonment because of deteriorating tracks.

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    [1]: http://oilsandstruth.org/canadian-national-acquires-tar-sands-rail-line

URL: http://oilsandstruth.org/canadian-national-acquires-tar-sands-rail-line