Lac-Megantic

Ryan Remiorz / Associated Press/pool

The Canadian federal government has reached a settlement with Irving Oil, four years after the deadly Lac-Megantic derailment in which 47 people died. The Saint John, New Brunswick-based company pleaded guilty last month to 34 charges relating to the misclassification of rail shipments of crude oil and improper training of employees.

Lac-Megantic, A Year Later

Jul 6, 2014

LAC-MEGANTIC, Que. - More than 1,000 people marched in solemn silence early this morning along the edge of Lac-Megantic's railroad as they remembered last year's deadly train disaster.

Grim Brotherhood: Oil Train Firefighters Reuniting

Jul 5, 2014

    PORTLAND, Maine (AP) _ Some of the Maine firefighters who helped their Canadian counterparts battle a deadly fire in Quebec are returning for the anniversary.

PORTLAND, Maine (AP) _ A new owner is set to close on the Canadian assets owned by the railroad blamed for a deadly oil train derailment in Quebec.

More than a month ago, parties completed the sale of U.S. assets of Montreal, Maine and Atlantic to a subsidiary of New York-based Fortress Investment Group, which has changed the railroad's name to Central Maine and Quebec Railway.

Bankruptcy trustee Bob Keach said he expects the Canadian closing to happen Monday.