Cda's Port Of Churchill Receives C$2.2 Mln Financial Boost.

Resource News International, May, 2003

WINNIPEG, MB, May 01, 2003 (Resource News International via COMTEX)

The Government of Canada along with the Manitoba Provincial Government have agreed to provide a C$2.2 million financial infusion for the Port of Churchill and the Hudson Bay Railway. The investment entitled the "Churchill Gateway Development Initiative" is aimed at ensuring a sustainable economic future for both.

The federal-provincial arrangement would target $1.8 million for necessary infrastructure improvements to the Port and the Bay Line and $400,000 for enhanced marketing efforts through a Churchill Gateway Development Initiative, a joint release from the two governments said.

"The Port of Churchill is an extremely important economic contributor in Churchill, northern...

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