This was visible from a mile away. If anything, it's a wake up call for government to not to invest in the private sector. Investing even a penny into Huron Central was an absolute farce. Just looking at the facts and volumes, it is abundantly clear that there shouldn't be a rail line between Sudbury and Sault Ste. Marie. Next time, we should just let the rail line get pulled up. It isn't needed. What little volume remains is more than at home on trucks.I just saw on the news that Domtar is shutting down its pulp and paper mill in Espanola. In addition to being devastating to the community (a mill has been there in one form or another for over a century), it will no doubt have a significant impact on the viability of the Huron Central Railway.
The pulp and paper mill in Espanola, Ont., is being shut down next month, with approximately 450 employees affected, Domtar Corporation said in a news release Wednesday morning.northernontario.ctvnews.ca
It's even worse when you remember that government kicked in major money to upgrade the pulp mill a few years ago.