Cape Breton Development Corporation
Defunct Canadian crown corporation / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Cape Breton Development Corporation Act?
Summarize this article for a 10 year old
The Cape Breton Development Corporation, or DEVCO, was a Government of Canada Crown corporation. It ceased operation on December 31, 2009, after being amalgamated with Enterprise Cape Breton Corporation (ECBC).
This article needs additional citations for verification. (January 2012) |
DEVCO was organized primarily into two divisions: a community economic development organization, and the coal division.
From March 30, 1968, until November 23, 2001, DEVCO's coal division operated Canada's largest underground coal mines, located in eastern Cape Breton County, Nova Scotia. Following decommissioning of its mines, DEVCO sold all non-mining surface assets to the private sector on December 18, 2001, including the Devco Railway and is now remediating its mine sites.