Monday, February 14, 2022

WHEN $187.5M ISN'T ENOUGH: VIA RAIL WANTS MORE BAILOUT MONEY

After laying off a third of its workforce over vaccine mandates and receiving $187.5 million in pandemic bailouts, VIA Rail is now asking the federal government for more taxpayers’ money,

According to Blacklock’s Reporter, management at the Crown corporation asked for millions more in funds to avoid having to make “drastic cuts” in the Summary Of The 2021-2025 Corporate Plan presented in the House of Commons.

“Without sufficient and timely funding VIA Rail would be obliged to make drastic cuts which is a significant business and reputational risk exacerbated by layoffs, significant restructuring costs including employment security and severance payments and start-up costs when the service resumes,” claimed company staff.

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