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August 13, 2013 AT 12:38 PM
The rail firm involved in a tanker train disaster, that killed 47 people in a Quebec town last month, will be shut down because it does not have enough insurance to cover clean-up costs and other damages, a Canadian government agency said. The Canadian Transportation Agency said it would suspend the operating license of Montreal, Maine and Atlantic Railway, and its Canadian subsidiary, from August 20th to give the firms "time to arrange for the orderly cessation of their operations in Canada". ...