The Ontario Northland Railway (reporting mark ONT) is a Canadian railway operated by the Ontario Northland Transportation Commission, a provincial Crown agency of the government of Ontario.
Its north-south mainline is located entirely in Ontario, and has a southern terminus at North Bay, passing through Cochrane, and a northern terminus at Moosonee, several miles south of the shore of James Bay. An east-west secondary mainline connects Calstock (near Hearst) with Cochrane and a line extends from Swastika (south of Cochrane) into the neighbouring province of Quebec where it terminates at Rouyn-Noranda. The railway's branch from Swastika to Rouyn-Noranda, including 40 kilometres of track in Quebec, are operated by a subsidiary, the Nipissing Central Railway.
Originally built to develop the Lake Timiskaming and Lake Nipissing areas, this railway soon became a major factor in the economic growth of the province. After decades of hard construction through the Canadian Shield it reached James Bay in 1932. While blasting the route through the shield, geologists discovered vast deposits of valuable minerals such as gold, silver, copper and nickel. The railway also made it possible to exploit the vast timber resources of Northern Ontario. The importance of the ONR is witnessed by the vast increase in mineral exploration and exploitation, giving rise to the valuable mining stocks on the Toronto Stock Exchange.
The budget for the ONTC in the 2011-12 fiscal year was $103 million.
Read more about Ontario Northland Railway: Passenger Trains, Freight Services, Locomotives and Rolling Stock, Facilities
Famous quotes containing the word railway:
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—Angela Carter (19401992)