CN slates capex projects for New Brunswick, Nova Scotia

CN last week announced capital expenditure plans of CA$45 million worth of projects in New Brunswick and CA$5 million in Nova Scotia this year.

In New Brunswick, CN's 2019 capex program includes installation of 8 miles of new rail and 20,000 ties, and rebuilds of road crossing surfaces and maintenance on bridges, culverts, signal systems and other track infrastructure, company officials said in a press release.

CN's New Brunswick network spans the province, transporting consumer goods and other intermodal traffic to Moncton and reaches the ports of Saint John and Belledune.

In Nova Scotia, CN will install more than 5,000 ties, rebuild road crossing surfaces and perform maintenance on other infrastructure, according to company officials.

CN's Nova Scotia rail network connects the Port of Halifax container terminals with markets in central Canada and the U.S. Midwest, and accesses CN’s autoport facility that handles vehicles for distribution across North America and to Newfoundland.

The New Brunswick and Nova Scotia investments are part of CN's 2019 record CA$3.9 billion capital expenditure plan focused on enabling growth from all commodity segments, including consumer goods, grain agricultural, forest and energy products.