Wednesday, December 23, 2015

LAC MEGANTIC VICTIMS' FUNDS BEGIN PAYMENTS

   A C$460 million ($330.46 million) settlement fund for victims of the 2013 Lac-Megantic crude-by-rail disaster will begin disbursements this week without the participation of Canadian Pacific Railway Ltd, the monitor involved in the payments said on Tuesday.
  Forty-seven people were killed and the downtown core of the town was destroyed following the derailment of a Montreal Maine & Atlantic Railway, Ltd train carrying Bakken crude oil in July 2013.

 

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