Vancouver, B.C., Canada (March 31, 2011) – Clearlease.com Reports Canadian National Railway (TSX:CNR) has sold a rail corridor between downtown Toronto and Pickering, Ont., to Ontario’s regional transportation agency.
Metrolinx, which operates GO Transit rail and bus services, is paying $299 million for the Kingston Subdivision rail line.
The rail line is composed of the two- and three-track rail corridor east of Union Station to where the line connects with GO Transit’s right-of-way near Whites Road in Pickering, the community just east of Toronto.
Metrolinx president and chief executive Bruce McCuaig said the provincial agency has gained full ownership of an important segment of GO Transit’s eastern commuter rail corridor.
“Owning this rail corridor section better positions GO to improve service, better control operations and plan future service growth,” he stated.
Metrolinx now owns 61 per cent of the rail corridors on which GO Transit operates.
CN chief executive Claude Mongeau said the country’s largest railway (TSX:CNR) is pleased to sell the rail link while protecting its operating rights over the line, to ensure continued service to its freight customers.
“CN has a strong partnership with Metrolinx and we will continue to support commuter rail as a sustainable mode of transport in the Greater Toronto Area.”
Metrolinx is the Ontario government’s regional transportation agency for the Greater Toronto and Hamilton Area. Its GO Transit system carried more than 57 million passengers a year on its network of trains and buses.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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Vancouver, B.C., Canada (March 31, 2011) – Clearlease.com Reports Canadian National Railway (TSX:CNR) has sold a rail corridor between downtown Toronto and Pickering, Ont., to Ontario’s regional transportation agency.
Metrolinx, which operates GO Transit rail and bus services, is paying $299 million for the Kingston Subdivision rail line.
The rail line is composed of the two- and three-track rail corridor east of Union Station to where the line connects with GO Transit’s right-of-way near Whites Road in Pickering, the community just east of Toronto.
Metrolinx president and chief executive Bruce McCuaig said the provincial agency has gained full ownership of an important segment of GO Transit’s eastern commuter rail corridor.
“Owning this rail corridor section better positions GO to improve service, better control operations and plan future service growth,” he stated.
Metrolinx now owns 61 per cent of the rail corridors on which GO Transit operates.
CN chief executive Claude Mongeau said the country’s largest railway (TSX:CNR) is pleased to sell the rail link while protecting its operating rights over the line, to ensure continued service to its freight customers.
“CN has a strong partnership with Metrolinx and we will continue to support commuter rail as a sustainable mode of transport in the Greater Toronto Area.”
Metrolinx is the Ontario government’s regional transportation agency for the Greater Toronto and Hamilton Area. Its GO Transit system carried more than 57 million passengers a year on its network of trains and buses.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Vancouver, B.C., Canada (March 31, 2011) – Clearlease.com Reports Canadian National Railway (TSX:CNR) has sold a rail corridor between downtown Toronto and Pickering, Ont., to Ontario’s regional transportation agency.
Metrolinx, which operates GO Transit rail and bus services, is paying $299 million for the Kingston Subdivision rail line.
The rail line is composed of the two- and three-track rail corridor east of Union Station to where the line connects with GO Transit’s right-of-way near Whites Road in Pickering, the community just east of Toronto.
Metrolinx president and chief executive Bruce McCuaig said the provincial agency has gained full ownership of an important segment of GO Transit’s eastern commuter rail corridor.
“Owning this rail corridor section better positions GO to improve service, better control operations and plan future service growth,” he stated.
Metrolinx now owns 61 per cent of the rail corridors on which GO Transit operates.
CN chief executive Claude Mongeau said the country’s largest railway (TSX:CNR) is pleased to sell the rail link while protecting its operating rights over the line, to ensure continued service to its freight customers.
“CN has a strong partnership with Metrolinx and we will continue to support commuter rail as a sustainable mode of transport in the Greater Toronto Area.”
Metrolinx is the Ontario government’s regional transportation agency for the Greater Toronto and Hamilton Area. Its GO Transit system carried more than 57 million passengers a year on its network of trains and buses.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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