The Canadian National Railway Co wants to create the 'Prince Rupert of the East' with its bid to acquire the 30-hectare Halterm site, the Halifax container terminal. The terminal was last acquired in 2007 for $173 Million.
"Ruest said there are two other ports the railway is looking at as well, one in Nova Scotia and one on the St. Lawrence River. Although he was not specific about which facilities, the most likely candidates are Melford in Nova Scotia, which would be a greenfield development, and Quebec City."
Read the full story at the Financial Post
CN Bids To Buy Halifax Container Terminal
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