The Lac-Mégantic crude oil train disaster is not only tragic for the 47 people who lost their lives, it is a costly environmental calamity that decimated a significant part of the small town. The government of Quebec is the latest to add its name to those seeking compensation from the now insolvent Montreal, Maine & Atlantic (MM&A) railroad company. MM&A along with 3 employees are also facing criminal charges in the case.
On Monday June 16 the government said it is seeking $409 million from the MM&A for expenses associated with the tragedy. According to June 13 claim by Quebec’s justice ministry the province has already spent $126 million in public funds. They expect to spend an additional $283 million. Justice is seeking compensation so that Quebec taxpayers are not left to foot the bill.
At present there is only $25 million in insurance money available to the MM&A to compensate the province. The government of Quebec has promised that those affected in Lac-Mégantic will be the first to receive compensation.
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