Taxpayer Deal Saves Cape Breton Rail Line For At Least One More Year | CTV Atlantic News

HALIFAX — The Nova Scotia government has bought a further one-year reprieve for a money-losing section of railway in Cape Breton, paying $720,000 in a deal that will help keep the tracks from being ripped up by the line’s U.S.-based owner. Business Nova Scotia Minister Geoff MacLellan said Friday the one-year “preservation agreement” would cover expenses on the line formerly operated by the Cape Breton and Central Nova Scotia Railway. MacLellan said parent company Genesee and Wyoming has agreed not to apply to abandon a portion of the rail line…

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Nova Scotia Gas Prices Jump As Weather Rages In Texas – Nova Scotia – CBC News

Storm weather in Texas may be miles away from Nova Scotia but it’s having an effect on the price of gas here. On Friday, regular gasoline in Nova Scotia jumped seven cents to $1.13 per litre; diesel is up two cents per litre at $0.99. Dan McTeague, a petroleum analyst with the website GasBuddy.com, said those spikes are just the start and there is “definitely more to come.” “The increases that we are paying today is about half of what we’ve seen in, say, other parts of eastern Canada,” McTeague…

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