POLITICS

Nova Scotia gives $3.3 million to Cape Breton railway for repair work

01/23/2012 10:58 EST | Updated 03/24/2012 05:12 EDT
HALIFAX - Nova Scotia is giving $3.3 million to the Cape Breton and Central Nova Scotia Railway for repair work.

The provincial government says the money will go to bridge improvements and help prevent railway deterioration.

In a statement, Economic Development Minister Percy Paris said the rail line would be too expensive to operate and maintain without the funding.

The funding comes on top of an agreement announced last September that gives the railway up to $2 million in annual public funding for capital and maintenance costs for the next three years.

Premier Darrell Dexter has previously said he wants the railway, owned by Rail America Inc., to end its dependency on provincial subsidies.