A consortium that expressed interest in purchasing the flood-damaged Hudson Bay Railway (HBR), the Port of Churchill and associated assets, has halted negotiations and cites the government of Canada's "unwillingness to engage in meaningful dialogue."
"We are disappointed to have put so much time, effort and money into what would have been a timely solution for the people of Churchill and the economy of western Canada, but we have apparently run up against politics," said iChurchill CEO Louis Dufresne. "We finally met last week with the government of Canada's negotiator on the file, Wayne Wouters, and he made it clear that the government is willing to deal only with one specific company, a Toronto-based financial firm. We can't understand why this is, given that our partnership meets all of the government's stated criteria to support the restoration of rail service to Churchill."
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