Editing Terra Transport (section)

==Abandonment==

In 1987, the federal government [[deregulation|deregulated]] the railway industry in Canada and CN promptly applied to abandon its Newfoundland operations under Terra Transport. The political firestorm{{explain|date=July 2019}} which followed saw the federal and provincial governments negotiate a one-time payout of $800 million (CAD) from Ottawa to St. John's to fund highway improvements under the ''Trans-Canada Highway Program'' and the ''Regional Trunk Road Agreement''.

The agreements were signed in December 1987; however, continuing public outcry and legal challenges kept the railway operational for several months.  On 20 June 1988, it was officially announced that the railway would cease operations as of 1 September 1988. Some freight trains still ran until late September, with the last scheduled run on 29 September 1988. The last scheduled passenger train ran on 30 September 1988, from [[Bishops Falls]] to [[Corner Brook]]. Following official abandonment, the railway operated salvage trains, dismantling track in remote locations; some salvage trains were still operating in the summer of 1990.  Most of the track was removed and scrapped by November 1990. CN no longer has any operations in the Province of Newfoundland and Labrador.

Since 1997, the old railbed has been reclaimed as the [[Newfoundland T'Railway]] Provincial Park.