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Railmark Holdings confident more funding for ACR will come

The rail company that’s trying to increase passenger rail service at Algoma Central Railway is confident more funding will follow.  Last week the federal government gave ACR $5.3 million to operate over the next three years.  However, what was needed was $7 million over five years so there’s time to grow passenger usage.  But because ACR falls under the remote passenger rail program, that limits federal funding to three years.  Railmark Holdings is trying to increase passenger use and it believes the feds will pony up the extra money in three years.  ACR operates from Sault Ste. Marie to Hearst and was staring at extinction last Tuesday if it didn’t get another federal handout.

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