CN Sells Greater Toronto Area Rail Lines to Metrolinx for GO Transit Services
TORONTO — CN has sold two rail line segments in the Greater Toronto Area to Metrolinx for $310.5 million Canadian. GO Transit’s Richmond Hill commuter rail service operates over a portion of CN’s Bala Subdivision. Metrolinx is acquiring a segment of the subdivision from approximately Rosedale Valley Road north through the Don Valley to CN’s main east-west freight line north of Steeles Avenue near the Toronto-York Region border. Metrolinx is also acquiring a segment of CN’s Oakville Subdivision from a point near 30th Street in the Etobicoke area of Toronto and terminating just west of the Fourth Line in Oakville,