Junction Triangle

In today's Toronto Star:

http://www.thestar.com/printArticle/615729

GO to pay $160 million for rail line through Toronto TheStar.com - Ontario - GO to pay $160 million for rail line through Toronto
April 08, 2009
THE CANADIAN PRESS

GO Transit has agreed to buy a strategically important rail line that runs through Toronto from Canadian National Railway (TSX: CNR).

The provincially owned commuter service will pay $160 million to buy the track

GO currently runs its Georgetown commuter rail service over the line, which runs from near the lakeshore in downtown Toronto along a northwestern route to connect with CN track in Brampton, Ont.

GO says it will be better able to build new infrastructure and expand its operations by owning the rail corridor.

It says Via passenger trains and CN freight trains will continue to use the line after the ownership changes.

EDIT:

And the GO press release is here:
http://www.newswire.ca/en/releases/archive/April2009/08/c7954.html