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Genesee & Wyoming Canada (G&W) has suspended plans to terminate the operation of the Huron Central Railway (HCRY) following its work with both the Ontario and Canadian governments and expected commitments from customers in support of the railroad's long-term viability, according to a news release.
The recent federal budget included the renewal of the National Trade Corridors Fund, delivered through Transport Canada. G&W Canada has received confirmation that the intention for the renewed program criteria would remove barriers that had previously prevented short lines from eligibility.
"We applaud the government of Canada for listening to the concerns of stakeholders, in particular the short-line rail sector and the natural resources and other industries that depend on Canada’s regional transportation corridors," said Rick McLellan, president of G&W Canada. "Renewing the National Trade Corridors Fund with more inclusive program eligibility will be critical for our sector and the communities we support."