The Cape Breton Development Corporation, or DEVCO, was a Canadian federal government Crown corporation. It ceased operation on December 31, 2009, after being amalgamated with Enterprise Cape Breton Corporation (ECBC).
DEVCO was organized primarily into two divisions: a community economic development organization, and the coal division.
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 presently remediating its mine sites.
Read more about Cape Breton Development Corporation: Creation of DEVCO, Early Operation, Planning For Retraction, Expansion, Not Retraction, Production Problems and Mine Closures, Layoffs and Selling of Assets, Cessation of DEVCO
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