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From March 30, 1968, until November 23, 2001, DEVCO's coal division operated Canada's largest underground coal mines, located in eastern Cape Breton County, Nova Scotia. Following decommissioning of its mines, DEVCO sold all non-mining surface assets to the private sector on December 18, 2001, including the Devco Railway and is now remediating ...
As part of a regional economic development initiative, DEVCO created a tourist railway named the Cape Breton Steam Railway, to operate between Glace Bay and Louisbourg. In 1973, the Sydney and Louisburg Railway Historical Society was created by retired employees of that company to assist with the tourist railway and to preserve the Louisbourg ...
As part of a regional economic development initiative, DEVCO created a tourist railway named the Cape Breton Steam Railway, to operate between Glace Bay and Louisbourg. In 1973, the Sydney and Louisburg Railway Historical Society was created by retired employees of that company to assist with the tourist railway and to preserve the Louisbourg ...
On 31 December 2009, the Cape Breton Development Corporation (DEVCO) ceased to exist with its remaining assets and staff turned over to ECBC. [1] Based in Sydney, in the Cape Breton Regional Municipality, ECBC was administered by the Atlantic Canada Opportunities Agency (ACOA) and was the responsibility of Industry Canada. [2]
On July 7, 1967, the Cape Breton Development Corporation (DEVCO) was created and on March 30, 1968, all DOSCO mines were expropriated for $12 million by DEVCO. At the same time, the provincial government formed the Sydney Steel Corporation (SYSCO) and took over DOSCO's steel mill, with the aim being to gradually control the shut down of this ...
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On July 7, 1967 the Cape Breton Development Corporation, or DEVCO, was established to operate the mines in the interim, while phasing them out throughout the 1970s and, at the same time, develop new economic opportunities for the surrounding communities.
On July 17, 1981, 3,500 miners in the Cape Breton coalfields went on strike against the Cape Breton Development Corporation (DEVCO), seeking a 60 percent wage increase over two years. [3] It was the first strike since the nationalization of the Nova Scotia mines in 1967. But after a three-month-long strike in the spring of 1981, UMWA had little ...