Canadian National continues capex announcements with work in Quebec and Nova Scotia

Written by David C. Lester, Managing Editor
image description
CN announces capex for lines in Quebec and Nova Scotia
Canadian National

Canadian National continues to provide detail on capex spending.

Canadian National announced plans to invest approximately C$370 million in Quebec in 2021 as part of CN’s C$3 billion capital investment plan across its network. In Quebec, CN’s investment will focus on technology, and infrastructure maintenance to enhance safety and the fluidity of its network.

Quebec

Maintenance program highlights include:

  • Replacing 23 miles of rail;
  • Installing approximately 154,000 new railroad ties;
  • Rebuilding 46 road crossing surfaces; and
  • Maintenance work on bridges, culverts, signal systems, and other track infrastructure

Quebec in numbers:

  • Capital investments: More than $2 billion in the last five years
  • Employees: approximately 3,890
  • Railroad route miles operated: 2,043
  • Community partnerships: $2.1 million in 2020
  • Local spending: $1.6 billion in 2020
  • Cash taxes paid: $97 million in 2020

“CN has demonstrated in recent months that it plays a key and essential role in the efficiency and productivity of the supply chain, despite a number of challenges including the global pandemic. CN’s significant investments announced today will strengthen its transportation infrastructure to make it more modern and secure. This will certainly benefit our manufacturing companies across Quebec in the transportation of their goods.”

  –  Véronique Proulx, President and CEO, Manufacturiers et Exportateurs du Québec

Nova Scotia

CN will invest C$15 million in Nova Scotia.

Maintenance program highlights include:

  • Replacing 4 miles of rail;
  • Installing approximately 43,000 new railroad ties;
  • Rebuilding 11 road crossing surfaces; and
  • Maintenance work on bridges, culverts, signal systems, and other track infrastructure

Nova Scotia in numbers:

  • Capital investments: Approximately $100 million in the last five years
  • Employees: approximately 270
  • Railroad route miles operated: 162
  • Community partnerships: $384,000 in 2020
  • Local spending: $25 million in 2020
  • Cash taxes paid: $2.4 million in 2020

“With an increase in annual infrastructural capital investment to $15 million in Nova Scotia, CN continues to recognize and strengthen our province’s integral position in the National and International supply chain.  As the global Pandemic recovery continues it is positive indicators like this provincially targeted expenditure from CN that will see Nova Scotia quickly regain its economic momentum.”        

  • Geoff MacLellan, Minister of Infrastructure and Housing, Government of Nova Scotia
Categories: Ballast, Ties, Rail, Bridge/Retaining Walls/Tunnels, Class 1, Freight, ON Track Maintenance, Rail News, Track Maintenance, Track Structure
Tags: , , , , ,

Media