"Then it would give the ONTC a much better footing going forward to be able to be sustainable and be something that the government doesn't have to look at the cost of on a routine basis," he said.

In response, Moore said the company can't dive into the Ring of Fire right now, because it's just trying to stay afloat.

"The best thing Ontario Northland could do at this point and I think it actually aligns probably with the time frame for the Ring of Fire is anyways, is for Ontario Northland to get our house in order," Moore said.

She said the company will release a plan detailing a major transformation within the next six months.

Moore said Ontario Northland is expected to break even in its motor coach business, as well as the remanufacturing and repair divisions. She said it'll continue to provide freight rail services and the Polar Bear Express passenger line, with a provincial subsidy.

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Does it meant that within 6 month from now we will get an agrement in the Ring of Fire?

Right on time for the election ...

BigD