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6/20/2022
CN today announced plans to invest CA$390 million in British Columbia and CA$335 million in Quebec in projects that enable sustainable growth, improve capacity and advance safety initiatives.
The investments are being made in technology, rolling stock units, capacity and company-wide decarbonization initiatives, as well as network improvements, CN officials said in press release.
In British Columbia, this year’s maintenance program will include replacing 111 miles of rail; installing 126,000 new railroad ties; rebuilding 37 road crossing surfaces; and performing maintenance work on bridges, culverts, signal systems and other track infrastructure.
CN has invested more than CA$1.8 billion on capital projects in British Columbia over the past five years.
In Quebec, capital expenditures will include replacing 27 miles of rail; installing more than 118,000 ties; rebuilding 38 crossing surfaces; and working on other bridge, culvert, signal system and track infrastructure projects.
Over the past five years, CN has spent CA$2.2 billion on projects in Quebec.