The Federal Court of Appeal has dismissed a challenge to the construction of a massive rail-and-truck hub in the Greater Toronto Area, allowing the project to proceed.
Steven P. Hansen MD, equity analyst at Raymond James Ltd., join BNN Bloomberg to discuss the latest earnings results from CN Rail.
The $250-million project aims to double CN's existing line of tracks in Milton, Ont., and construct a hub for containers to be transferred between trucks and trains. The lower court decision highlighted health concerns around air quality, pointing to the 800 diesel-powered trucks that would make daily round trips to the hub. Four freight trains hauled by locomotives that also run on diesel — the fuel contains toxic pollutants, the judgment noted — would also steam through the terminal each day.
The lower court had ruled that Cabinet failed to"meaningfully grapple" with the project's harmful effect on human health, particularly through its impact on air quality. But on Friday, the judges deemed that conclusion"unreasonable." The project would include a railway yard with more than 20 kilometres of fresh track as well as large cranes for moving shipping containers.
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