Repairs are expected to be underway in the very near future following an announcement by the Federal Government that OmniTrax has reached a deal to sell the port of Churchill and the only land connection the northern community has to the south.
The Denver-based corporation has stuck a deal with a group which includes Missinippi Rail and One North. Jim Carr, the Minister of Natural Resources, said that "the people of Northern Manitoba have long understood the value of the rail line" and that "this agreement allows those most affected to have a direct stake in the future and long-term interests of their communities".
The deal was reached in principal, with legal issues that have to been sorted out before repairs can start.
According to the release, the agreement includes the participation of 30 First Nations and 11 non-First Nation communities here in the north, as well as seven Kivalliq communities in western Nunavut.
The specifics of the deal have not yet been announced.