15:04:49 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Canadian National Railway Company
Symbol CNR
Shares Issued 807,041,158
Close 2015-03-24 C$ 85.56
Market Cap C$ 69,050,441,478
Recent Sedar Documents

Canadian National trespassing, claims Indian band

2015-03-26 12:08 ET - Street Wire

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by Mike Caswell

The Okanagan Indian Band has filed a lawsuit in the Supreme Court of British Columbia challenging an agreement in which Canadian National Railway Company is selling a discontinued rail line to Kelowna and other municipalities. The band claims that it holds the rights to part of the land under the line, and is seeking a court order that would enforce those rights. As the band sees it, CN lost its title when the line stopped operating.

The demands of the band are contained in a notice of claim it and its chief, Byron Louis, filed on Monday, March 24, at the Vancouver courthouse. The band identifies the discontinued rail corridor as one that runs between Kelowna and Coldstream (a small town near Vernon). The land that underlies the line is worth about $50-million, according to claim.

Chief Byron Louis
INFOTEL
Chief Byron Louis

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All of these abandoned rail lines need to go back to the govt. they were mainly gifted to the rail companies in the first instance.

Posted by shoes at 2015-03-26 12:30

It's amazing. We support these people with billions of dollars each year, yet they are always whinning and complaining. Further, they never want anything such as land back from the white people until it's built up by the white people and actually worth something. If they actually want the land,let them pay what it is now worth.

Bruce Dunne

Posted by Bruce Dunne at 2015-03-26 19:15


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