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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 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 ...
Industrial Cape Breton consisted of two distinctive geographic regions for industrial activity: the "north side" of Sydney Harbour, and the "south side". The north side was dominated in the 1800s by the General Mining Association (GMA), which had been formed in the 1820s after the Colony of Cape Breton Island was amalgamated back into Nova Scotia.
Davis Day originated in memory of William Davis, a coal miner who was killed during a long strike by the province's coal miners against the British Empire Steel Corporation. The key events took place at Waterford Lake, near the town of New Waterford in the industrial district of Cape Breton Island. At the start of the strike in March 1925, the ...
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.
In 1968 the coal and railway assets of the S&L's parent company Dominion Steel and Coal Corporation (DOSCO) were nationalized by the Government of Canada and were placed in the control of a federal Crown corporation called Cape Breton Development Corporation (DEVCO).