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|    mtl.general    |    Ahh Montreal, home of good strip joints    |    39,416 messages    |
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|    Message 38,670 of 39,416    |
|    Greg Carr to All    |
|    Quebec seeks $409M from MM&A in =?ISO-88    |
|    16 Jun 14 13:25:39    |
      XPost: can.politics       From: gregcarrsober@gmail.com              The Quebec government is adding its name to a list of creditors seeking       money from the insolvent railway company at the heart of the       Lac-Mégantic train disaster.              The government said Monday that it is seeking $409 million from the       Montreal, Maine & Atlantic Railway for expenses incurred and yet to come       that stem from the tragedy.              The justice ministry said it filed a claim on June 13. In it, the       government said it has already spent $126 million in public funds and       suggests that future costs relating to the rebuilding of Lac-Mégantic       could be in excess of $283 million.              The government warned the latter amount could change depending on how       much is actually spent.              Forty-seven people were killed after a runaway train hauling tanker cars       loaded with volatile crude oil broke loose and careened into the town,       derailing and triggering a series of explosions in the early morning       hours of July 6.              A large swath of the community's downtown was destroyed.              Three employees and the insolvent company itself have been charged       criminally in the case.              Quebec Justice Minister Stéphanie Vallée said in a statement the       government is exercising its right to recoup taxpayer money, but it also       believes that the first people to be paid in the process should be the       citizens of Lac-Mégantic themselves.              "We must act responsibly and take all legal options available to us to       recover the maximum (amount)," Vallée said, adding an agreement with       those responsible is the most favourable outcome.              "If those responsible for the disaster, some of (whom) have very       substantial financial resources, proposed an arrangement to creditors,       the government could then rely (on it) without penalizing those affected       and in the interests of Quebecers who defrayed the costs through their       taxes."              In the event the total funds accessible are the $25 million in insurance       money available to the MM&A, the government has already promised those       affected in Lac-Mégantic will be the sole beneficiaries, Vallée said.              © The Canadian Press, 2014              http://www.cbc.ca/news/canada/montreal/quebec-seeks-409m-from-mm       a-in-lac-m%C3%A9gantic-rail-disaster-1.2677344       --       *Read and obey the Bible*              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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