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From Wikipedia, the free encyclopedia
The Société des chemins de fer du Québec (SCFQ), or Quebec Railway Corporation (reporting mark QRC) in English, is a former Canadian railway holding company that owned several short line railways in the provinces of Quebec, Ontario, New Brunswick and Nova Scotia.
Founded | 1993 |
---|---|
Founder | Groupe Jean Fournier Incorporated and private investors |
Defunct | 2009 |
The company was formed in 1993 by Groupe Jean Fournier Incorporated and a group of private investors.
From 1993-2009, Quebec Railway Corporation purchased and operated several rail lines throughout eastern Canada.
On 3 November 2008 CN announced that it was purchasing the New Brunswick East Coast Railway (NBEC) and its sister companies Chemin de fer de la Matapédia et du Golfe (CFMG), Compagnie de gestion de Matane (COGEMA), and the Ottawa Central Railway (OCRR) for $49.8 million (CAD) from the Quebec Railway Corporation.[3]
CN said that it planned to change little in the operations of the acquired lines, although the railroad said it intended to invest capital to upgrade the track it acquired, as well as replacing the locomotives with newer motive power.[3]
On the same date, Logistec Corporation announced that it was purchasing the Sydney Coal Railway (SCR) from the Quebec Railway Corporation.[4][5]
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