Additional CN capex announcements: C$460 million in British Columbia and C$120 million in Saskatchewan
Written by David C. Lester, Editor-in-Chief
Canadian National
CN continued announcements this week with capex plans for its lines in British Columbia (C$460 million) and Saskatchewan (C$120 million).
British Columbia
Maintenance program highlights include:
- Replacing 101 miles of rail;
- Installing approximately 252,000 new railroad ties;
- Rebuilding 38 road crossing surfaces; and
- Maintenance work on bridges, culverts, signal systems, and other track infrastructure
British Columbia in numbers:
- Capital investments: More than $1.6 billion in the last five years
- Employees: approximately 2,400
- Railroad route miles operated: 2,814
- Community partnerships: $1 million in 2020
- Local spending: $537 million in 2020
- Cash taxes paid: $87 million in 2020
“I applaud CN for their ongoing dedication and contribution to rail infrastructure improvements in B.C. Ensuring our railway network is efficient and safe is critical and more important than ever for our economy as British Columbia continues to recover and rebuild from COVID-19.”
- The Honourable Rob Fleming, Minister of Transportation and Infrastructure, Government of British Columbia
Saskatchewan
Maintenance program highlights include:
- Replacing 48 miles of rail;
- Installing approximately 163,000 new railroad ties;
- Rebuilding 30 road crossing surfaces; and
- Maintenance work on bridges, culverts, signal systems, and other track infrastructure
Saskatchewan in numbers:
- Capital investments: More than $860 million in the last five years
- Employees: approximately 1,100
- Railroad route miles operated: 1,937
- Community partnerships: $624,000 in 2020
- Local spending: $124 million in 2020
- Cash taxes paid: $44 million in 2020
“Successful and safe transportation is key in keeping our products moving as we feed and fuel the world. The government of Saskatchewan is pleased to see these investments in our province.”
– The Honourable Fred Bradshaw, Minister of Highways, Government of Saskatchewan
Other recent CN capital spending announcements:
