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Peel endorses intent to acquire Orangeville-Brampton Railway Corridor

Peel endorses intent to acquire Orangeville-Brampton Railway Corridor
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Selling Orangeville's industrial future for a tax cut | 

Selling Orangeville's industrial future for a tax cut | 
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Ontario company awaiting price on Orangeville rail line | Orangeville Citizen


February 18, 2021   ·  
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By Sam Odrowski
Interested buyer of Orangeville’s rail line, Municipal Transit Solutions (MTS), is still awaiting the asset’s price to make an offer since first meeting with Town staff late last month.
Three weeks after the meeting, the Town of Orangeville told Municipal Transit Solutions CEO Steve Ostrowski that the Orangeville Railway Development Corporation (ORDC) has put out a Request For Proposal (RFP) to assist in the consultation and sale of some of the land parcels of the rail line. Until that process is complete, the Town won’t be accepting any offers.
“There are some real estate assets that the Orangeville Railway Development Corporation owns that are part of the railway corridor, specifically rail lands in Brampton and rail lands in Orangeville, and there’s a little bit in Alton as well,” said Mayor Sandy Brown. ....

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Council to look at repurposing rail line after it ceases operations in Dec. 2021


December 23, 2020   ·  
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By Sam Odrowski
A handful of manufacturers in Orangeville will be receiving their materials by truck instead of train at the end of next year.
The Orangeville Brampton Rail Access Group (OBRAG) provided formal notice that it will terminate its agreement with the Orangeville Railway Development Corporation (ORDC) and GIO Railways Corporation Inc., effective Dec. 31, 2021.
Manufacturers in Orangeville and Brampton decided to end the agreement prematurely, nine months ahead of schedule, since they’ll save money transporting materials via truck instead of train.
“Regrettably, usage of the line, in terms of both active members and rail traffic in Brampton decreased significantly within the last two to three years, due to a number of economic factors,” said OBRAG chair Dan Braniff. ....

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