[1] The railway was taken over by Canadian National, which then split off its passenger services to VIA Rail, which shuttered the Montreal-Gaspe train line in 2013.
Until 1998, the tracks from Montreal to Gaspé were owned by Canadian National Railway (CN).
That year, CN sold the lines between Rivière-du-Loup and Matapédia, as well as Matapédia to Gaspé to Quebec Railway Corporation which established two subsidiary companies, the Chemin de fer de la Matapédia et du Golfe (Matapedia and Gulf Railway) and Chemin de fer Baie des Chaleurs (Chaleur Bay Railway) respectively.
In 2001, CFBC sold the portion of the Matapédia to Gaspé line east of Chandler to Chemin de fer de la Gaspésie (Gaspé Railway) which is owned by local municipalities with maintenance contracted to CFBC.
In 2007, CFG purchased the remainder of the line from Matapédia to Chandler after the CFBC listed it for abandonment.