Canada gives new Montreal, Maine and Atlantic owner green light
Canadian Transportation Agency grants certificate of fitness following review of liability coverage
The company that took over partial control of the railway at the centre of last year's disaster in Lac-Mégantic has
been given the green light to operate in Canada.
The Canadian Transportation Agency granted the certificate of fitness for railway operation to Central Maine & Quebec Railway today after determining it had adequate liability coverage.
Central Maine & Quebec Railway has so far taken over the U.S. operations of Montreal, Maine and Atlantic Railway.
The sale of MM&A's Canadian operations was pending upon approval of the operational fitness certificate.
A runaway Montreal, Maine and Atlantic train loaded with fuel oil careened into Lac-Mégantic in the wee hours of last July 6 and jumped its tracks, exploding into a massive fireball that destroyed much of the downtown core.
Forty-seven people were killed.