HALIFAX –
A Nova Scotia cabinet minister says the cost of removing huge moorings abandoned in the harbour entrance of a Bay of Fundy community likely won’t be covered by a deposit left by a bankrupt tidal energy firm.
Natural Resources Minister Tory Rushton told reporters today the $20,000 security deposit from Occurrent Power is “not a lot of money,” and he fears it won’t be enough to carry away the concrete-filled railcars used as anchors.
The railcars with chains attached were left in the staging area near Walton, N.S., after the company declared bankruptcy Aug. 29.
The province says it is in the process of hiring a company to install buoys to mark the four boxcars that become submerged at high tide, and Rushton has promised they will eventually be removed.
Transport Canadadetermined last month the train …