CN completes Deux-Montagnes line sale
Written by William C. Vantuono, Editor-in-ChiefCN on Feb. 28, 2014 closed the sale of its right-of-way principally used by Agence Métropolitaine de Transports (AMT) commuter trains between Deux-Montagnes and Montreal’s Central Station to AMT for C$97 million.
AMT, a government agency that reports to the Quebec Transport Minister, oversees public transport services in the Greater Montreal area.
AMT is acquiring CN’s entire 21-mile Deux-Montagnes Subdivision, which runs from St-Eustache to the entrance of Montreal’s Central Station, including the Mount Royal Tunnel. CN will retain freight operating rights over a portion of the line sold to AMT where freight customers are located.
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