After reports of a visit to the ONR facilities by CAD surfaced in the North Bay Nugget, the ONR has denied that the Quebec-based company will be touring the North Bay refurbishment facility. Even if CAD isn't visiting, they would certainly be a prime candidate to buy the refurbishment division.
The loss of the GO Transit refurbishment contract is now seen as the first sign of trouble for Ontario Northland. Apparently CAD, the company who did win the contract, is set to visit the ONR facilities. Are they looking to buy?
Rumours surround ONTC | Local | News | North Bay Nugget