CPR offers rail line for sale
CALGARY, Alta. — Canadian Pacific Railway (CPR) is offering for sale a low-density rail branchline in southern Alberta, in accordance with procedures outlined in the Canada Transportation Act (CTA).
CPR is offering for sale to the shortline railway market a 158-km (98-mile) branchline, known as the Lomond Subdivision, between Vauxhall and a point just south of Blackie, Alta.
Traffic on this line has been steadily decreasing in recent years, with very few carloads in 2001.
Advertisements published by CPR this week in local and national newspapers say, in accordance with CTA guidelines, parties interested in acquiring the line for railway operations must make their interests known to the railway in writing by Mar. 19.
Unless expressions of interest in the Lomond Subdivision are received by the deadline, and an agreement to purchase is reached within six months of that date, CPR may offer the line for sale at net salvage value to the provincial and adjacent municipal governments.
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