Via Rail gets cash injection from Ottawa

Article Abstract:

Via Rail Canada Inc. will receive $400 million from the Canadian government to help the financially-troubled passenger rail company improve its operations. Via Rail, which will receive the funds over a 5-year period, also receives an annual $170 million government subsidy.

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Via revitalization plan still stalled

Article Abstract:

Via Rail Canada has announced that its privatization plan will be postponed. The Canadian government is trying to determine the combination of private and public funds that will be needed to operate the passenger rail service as a public-private company.

Management, Railroad management

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Collenette to uncap his cure for what ails Via Rail by March 31

Article Abstract:

Via Rail Canada , which is the country's financially troubled passenger rail service, may require a legislative remedy. David Collenette, Canada's Transport Minister, has announced that he will soon present a plan to aid Via Rail, which currently receives annual government subsidies of $170 million.

Financial management, Political aspects

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