{"id":853812,"date":"2025-05-22T10:03:59","date_gmt":"2025-05-22T14:03:59","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth\/"},"modified":"2025-05-22T10:03:59","modified_gmt":"2025-05-22T14:03:59","slug":"cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth\/","title":{"rendered":"CN to Invest $615 Million in British Columbia to Build Capacity and Power Sustainable Growth"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">VANCOUVER, British Columbia, May  22, 2025  (GLOBE NEWSWIRE) &#8212; CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately $615 million CAD in British Columbia, as part of its <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tHB_4YE_SY1nDX6tqlcxoGFMcIOOLcZ3GsqhB-R-Rl6hq9qNUhIVAn5Tkaw9blwcHQp5kIl0RtKcNNrF3J642H13FMuNPGPBFf1OwJAZ6MY-VFawk-QPMlQWF3x4WfJwXo7W4SFP5zwLSoHd-3oAF50WLiuET-S2TyKvA1hglXoEGXcEyaLtHhKPLnj25L_zuJiEeGLcwAHrI6lx6nkyYA==\" rel=\"nofollow\" target=\"_blank\">2025 capital investment program<\/a>. This investment will support strategic infrastructure initiatives in the province, including many multi-year projects to increase fluidity in the Vancouver corridor and build capacity along CN\u2019s network from Prince Rupert and across Western Canada. These projects will help ensure the safe movement of goods and support long-term sustainable growth in British Columbia and across CN\u2019s network.<\/p>\n<p align=\"justify\">\u201cWe believe that investing in our network is about building for the future. Our continued infrastructure investment in British Columbia will help strengthen the resiliency and efficiency of our network across the province. Our focus remains on providing exceptional service to our customers and supply chain partners, supporting strong economic growth for North America and across the communities where we operate.\u201d<\/p>\n<p align=\"justify\">&#8211; Tracy Robinson, President, and Chief Executive Officer of CN<\/p>\n<p align=\"justify\">\u201cCN\u2019s investment reflects the vital role British Columbia plays in Canada\u2019s transportation and trade network. Strengthening rail infrastructure across our province, in both urban centres and smaller communities, will enhance supply chain resiliency and ensure goods move efficiently and reliably.\u201d<\/p>\n<p align=\"justify\">&#8211; Mike Farnworth, Minister of Transportation and Transit, Government of British Columbia<\/p>\n<p align=\"justify\">In 2024, CN invested approximately $554 million CAD in British Columbia for track maintenance and key infrastructure initiatives. Highlights from this investment include:<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Over $22 million for siding extension projects to help provide additional fluidity along key corridors from the Port of Vancouver to Kamloops and north to Fort St John.<\/li>\n<li style=\"text-align:justify\">Advancing projects to improve fluidity and capacity in the Greater Vancouver area, such as a $7.6 million initial investment in the multi-year Holdom Overpass project, and $2 million for enhancements to the Thornton Tunnel, as well as another $7 million for upgrades to both the Lulu Island and Fraser River Bridges.<\/li>\n<\/ul>\n<p align=\"justify\">\n        <strong>British Columbia in Numbers: <\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Employees: approximately 2,698<\/li>\n<li style=\"text-align:justify\">Railroad route miles operated: 2,797<\/li>\n<li style=\"text-align:justify\">Community investments: $2.7 million in 2024<\/li>\n<li style=\"text-align:justify\">Local spending: $559 million in 2024<\/li>\n<li style=\"text-align:justify\">Cash taxes paid: $241 million in 2024\n<\/li>\n<\/ul>\n<p align=\"justify\">\n        <strong>CN Forward-Looking Statements <\/strong><br \/>\n        <br \/>Certain statements by CN included in this news release constitute \u201cforward-looking statements\u201d within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws. By their nature, forward-looking statements involve risks, uncertainties and assumptions. CN cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as \u201cbelieves,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cassumes,\u201d \u201coutlook,\u201d \u201cplans,\u201d \u201ctargets,\u201d or other similar words. Forward-looking statements reflect information as of the date on which they are made. CN assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event CN does update any forward-looking statement, no inference should be made that CN will make additional updates with respect to that statement, related matters, or any other forward-looking statement.<\/p>\n<p>\n        <strong>About CN<\/strong>\n      <\/p>\n<p align=\"justify\">CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada\u2019s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:50%;width:50%;min-width:50%;vertical-align: top\">\n            <strong><br \/>\n              <em><br \/>\n                <em><br \/>\n                  <u>Contacts:<\/u><br \/>\n                <\/em><br \/>\n              <\/em><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"max-width:50%;width:50%;min-width:50%;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\n            <strong><br \/>\n              <em><br \/>\n                <u>Media<\/u><br \/>\n              <\/em><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"vertical-align: top\">\n            <strong><br \/>\n              <em><br \/>\n                <u>Investment Community<\/u><br \/>\n              <\/em><br \/>\n            <\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">Ashley Michnowski<\/td>\n<td style=\"vertical-align: top\">Stacy Alderson<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">Senior Manager<\/td>\n<td style=\"vertical-align: top\">Assistant Vice-President<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">Media Relations<\/td>\n<td style=\"vertical-align: top\">Investor Relations<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">(438) 596-4329<\/td>\n<td style=\"vertical-align: top\">(514) 399-0052<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\n            <a href=\"mailto:media@cn.ca\" rel=\"nofollow\" target=\"_blank\">media@cn.ca<\/a>\n          <\/td>\n<td style=\"vertical-align: top\">\n            <a href=\"mailto:investor.relations@cn.ca\" rel=\"nofollow\" target=\"_blank\">investor.relations@cn.ca<\/a><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ1NjU1OCM2OTU1MzI3IzIwMDY1NDM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YTQ5YjQwMjUtZjQyNy00NDFmLWI5ZmItYWRiZDIzMDEzNDhhLTEwMTgxMTYtMjAyNS0wNS0yMi1lbg==\/tiny\/Canadian-National-Railway.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) &#8212; CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately $615 million CAD in British Columbia, as part of its 2025 capital investment program. This investment will support strategic infrastructure initiatives in the province, including many multi-year projects to increase fluidity in the Vancouver corridor and build capacity along CN\u2019s network from Prince Rupert and across Western Canada. These projects will help ensure the safe movement of goods and support long-term sustainable growth in British Columbia and across CN\u2019s network. \u201cWe believe that investing in our network is about building for the future. Our continued infrastructure investment in British Columbia will help strengthen the resiliency and efficiency of our network &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CN to Invest $615 Million in British Columbia to Build Capacity and Power Sustainable Growth&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-853812","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CN to Invest $615 Million in British Columbia to Build Capacity and Power Sustainable Growth - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CN to Invest $615 Million in British Columbia to Build Capacity and Power Sustainable Growth - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) &#8212; CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately $615 million CAD in British Columbia, as part of its 2025 capital investment program. This investment will support strategic infrastructure initiatives in the province, including many multi-year projects to increase fluidity in the Vancouver corridor and build capacity along CN\u2019s network from Prince Rupert and across Western Canada. These projects will help ensure the safe movement of goods and support long-term sustainable growth in British Columbia and across CN\u2019s network. \u201cWe believe that investing in our network is about building for the future. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth\/","og_locale":"en_US","og_type":"article","og_title":"CN to Invest $615 Million in British Columbia to Build Capacity and Power Sustainable Growth - Market Newsdesk","og_description":"VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) &#8212; CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately $615 million CAD in British Columbia, as part of its 2025 capital investment program. This investment will support strategic infrastructure initiatives in the province, including many multi-year projects to increase fluidity in the Vancouver corridor and build capacity along CN\u2019s network from Prince Rupert and across Western Canada. These projects will help ensure the safe movement of goods and support long-term sustainable growth in British Columbia and across CN\u2019s network. \u201cWe believe that investing in our network is about building for the future. Our continued infrastructure investment in British Columbia will help strengthen the resiliency and efficiency of our network &hellip; Continue reading \"CN to Invest $615 Million in British Columbia to Build Capacity and Power Sustainable Growth\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth\/","og_site_name":"Market Newsdesk","article_published_time":"2025-05-22T14:03:59+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ1NjU1OCM2OTU1MzI3IzIwMDY1NDM=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CN to Invest $615 Million in British Columbia to Build Capacity and Power Sustainable Growth","datePublished":"2025-05-22T14:03:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth\/"},"wordCount":610,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ1NjU1OCM2OTU1MzI3IzIwMDY1NDM=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cn-to-invest-615-million-in-british-columbia-to-build-capacity-and-power-sustainable-growth\/","name":"CN to Invest $615 Million in British Columbia to Build Capacity and Power Sustainable Growth - 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