A few years ago Canadian National sold a few of their lines in Northern Alberta, most notably to Fort MacMurray. Now that a few of those lines are making money, I heard that Canadian National was out to buy them. I guess money has a way of talking big time. Has Canadian National been able to buy them back or not?
Yes, CN bought three Railamerica shortlines during January 2006, that were made up of former CN lines. These were the Central Western Railway, the Lakeland and Waterways Railway, and the MacKenzie Northern Railway.
A couple of months ago they bought a forth, the Savage Alberta Railway.