due to deferred maintenance, as the holding company Iron Road Railways encountered financial difficulties by the early 2000s. Plans to improve infrastructure for Brownville Junction to Farnham during 1999 never stalled: CDAC and BAR and its affiliates filed for bankruptcy in 2001. On 8 October 2002, the Montreal, Maine & Atlantic Railway (MMA) acquired all of the assets of Iron Road Railways' operations in Maine, Quebec, and Vermont including CDAC and BAR. CP has since regained ownership of the former Canadian Atlantic rail lines, through the 2019 acquisition of MMA's successor, Central Maine and Quebec Railway. References Regional railroads in the United States Defunct Maine railroads Defunct Quebec railways Predecessors of the Canadian Pacific Railway 2002 disestablishments in Maine 2002 disestablishments in Quebec 1994 establishments in Maine 1994 establishments in Quebec