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Churchill crude plan cancelled – Regina Leader-Post

A rail company is putting the brakes on a controversial plan to haul millions of litres of crude oil across its northern rail line to the port of Churchill, Man., on Hudson Bay.

OmniTrax Canada president Merv Tweed said the company, which operates the port, is expecting another record shipping season from grain and other commodities. That has shifted the company’s focus away from shipping crude oil, he said.

“We’ve got a glut of grain on the market,” Tweed said Friday. “It looks like another great crop. We increased our volume last year. Our targets are higher this year and they’ll be higher again next year. I think it’s important that we focus on the grain side of it.

“That’s the direction that we’ve chosen.”

Read more: http://www.leaderpost.com/business/Churchill+crude+plan+cancelled/10127092/story.html

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