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City disappointed in CP Rail’s refusal to make a reasonable deal

September 12 2014

It’s both frustrating and very disappointing that CP Rail is unwilling to reach a fair agreement for the future of the Arbutus Corridor, said Mayor Gregor Robertson

Vancouver City Hall

Talks with CP Rail regarding the Arbutus Corridor have broken off. We will continue to advocate for citizens’ interests along the corridor, and will oppose the reactivation of cargo trains along the corridor.
 
“It’s both frustrating and very disappointing that CP Rail is unwilling to reach a fair agreement for the future of the Arbutus Corridor,” said Mayor Gregor Robertson. “The City has offered to purchase the land at a fair price, and we came to the table with innovative proposals that would address CP Rail’s concerns. We offered to bring in a third party facilitator to reach an agreement and we brought in experienced external professionals to assist with the discussions."

“CP’s attempts to clear the corridor are nothing more than a negotiating tactic. The City will not react to this by spending tens of millions of dollars based on flawed appraisals that do not reflect the permitted land use on the corridor. That would be irresponsible for taxpayers and we will not allow that.”
 
Several weeks ago, we obtained CP Rail agreement to halt work on the corridor and to again meet to reach a resolution. Today, the two sides met and we made significant attempts to bring about a deal that is fair to taxpayers and CP Rail. Unfortunately, an agreement was not reached.