Metrolinx buys two CN rail lines in the GTA
Posted March 27, 2012 8:29 pm.
This article is more than 5 years old.
Metrolinx, the provincial agency that operates GO Transit, is paying $310.5-million to buy two sections of rail line from CN in the GTA.
In total the deal involves about 40-kilometres of track through heavily populated area around Toronto.
The lines are principally used to carry GO Transit passenger trains.
One of the lines runs from downtown Toronto near Rosedale Valley Road through the Don Valley to Steeles Avenue at the Toronto-York Region border.
The other is from the area of 30th Street in Etobicoke to just west of Fourth Line in Oakville.
CN will continue to have rights to run freight trains over the track.
