Re Omnitracks, anything that Merv Tweed has a hand in running is on a glory train to failure.
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Omnitrack places Churchill rail line for sale
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I rode the train and it doesnt need to be high speed to get you there. The rail could probably use some work but it is still intact and not torn out like many others. If you were to start from scratch and build the rail and port it would cost hundreds of millions. That had to give some value to it?
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If farmers had some balls and wanted to take this industry by the horns they would pool together and make this thing work. These companies are sucking the profits from our grain and we could be putting that money back in our pockets. The government woud thtow subsities back oat the owner to keep tgst rail and port working. Omnitrax got all that for $1 plus 36 million dollars from the Goverment to keep it going. They took that money and didnt do any upkeep and now they want too sell it. They want out because they wont be able to haul crude over the tundra for export in the Hudson Bay. They took this on as a big gamble and they are taking the loot and running away.
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