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Omnitrax Inc.'s name scratched off federal lawsuit against Churchill railway owners [CBC (Canadian Broadcasting Corporation)]

CANADIAN NATIONAL RAILWAY (CNI)  More Company Research Source: CBC
Last canadian national railway earnings: 7/24 04:01 pm Check Earnings Report
US:NYSE Investor Relations: cn.ca/en/investors
PDF Omnitrax Inc.'s name scratched off federal lawsuit against Churchill railway owners Denver-based owner of Hudson Bay Railway Company argues Omnitrax is a separate entity and not liable Omnitrax owns the Hudson Bay Railway Company, but its lawyer says the parent company is not liable to pay any damages awarded in a federal government lawsuit against HBRC — the subsidiary that owns the washed-out railway to Churchill, Man. The Government of Canada has removed Omnitrax Inc. from its statement of claim, part of an ongoing battle over who should pay to fix the railway to the northern Manitoba town, after Omnitrax argued the HBRC is an entirely separate entity. The railway has been shut down since flooding in May 2017 damaged the tracks, cutting off the only land link between Churchill, 1,000 kilometres north of Winnipeg on the shore of Hudson Bay, and the rest of the country, leaving residents struggling to get people and supplies into and out of the tourism destination. When Denver-based [Read more]

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