Doomed railroad to stay quiet next week
Montreal, Maine and Atlantic Railway will shut down its operation next week according to an order from the Canadian Transportation Agency. “(It) suspended the certificate of fitness for Montreal, Maine & Atlantic Railway Ltd (MMA) and its wholly-owned subsi- diary Montreal, Maine & Atlantic Canada Co. (MMAC), finding that the railways have not demonstrated that their third party liability insurance is adequate for ongoing operations.
Given the exceptional circumstances of the derailment in Lac-Mégantic, the Agency contacted MMA and MMAC seeking confirmation that they continued to hold adequate third party liability insurance coverage with respect to any continuing operations as stated in their certificate of fitness.
The Agency reviewed the companies’ insurance coverage and additional information they provi- ded and it is not satisfied that MMA and MMAC have adequately restored their third party liability insurance coverage to the same level as prior to the derailment at LacMégantic, nor do they have the financial capacity to pay the self-insured portion.”
Directly impacted locally will be the Akzo Noble plant, in Magog, and the Orford Express tourist train. Calls to the latter were referred to Annie Brunelle who did not answer our email asking for clarification.
The Orford Express train on the MMAR track in Sherbrooke.