CN announces $320m investment plans for Alberta’s rail infrastructure

The Canadian National Railway (CN) has announced plans to invest $320m in 2018 across Alberta to strengthen and expand the company’s rail network throughout the province. The plans include multiple projects for yard and track in order to boost rail capacity, as well as to increase resiliency across the Alberta region.

“We are investing for the long haul with these projects to boost capacity and network resiliency to meet growing demand in grain, energy, forest products and other markets so important to Alberta’s economy,” said Doug Ryhorchuk, Vice-President of CN’s Western Region. “Our investments in new double track and yard expansions, combined with new equipment and more people, will help us deliver superior service to our customers in Alberta and North America. Additionally, our substantial investments to renew our existing railway infrastructure underscores our commitment to operating safely.”

The planned investments for the province of Alberta are part of CN’s record $3.4bn capital program for 2018 and plans for the future. This includes over 30 miles of new double track in four locations across the province and rail yard expansions with the aim to improve the efficiency of moving rail cars into and out of Edmonton. Earlier this year, CN also announced plans to acquire 350 new box cars and 1000 Canadian built, new-generation grain hopper cars. CN is also continuing to hire conductors and has announced a new two-year management program which will start with 50 new trainees in July 2018.

“I am thrilled to see CN making critical investments in Alberta that will help to grow our economy, create jobs, and ensure that Alberta and Western Canadian consumers continue to have access to key markets,” said Randy Boissonnault, Member of Parliament for Edmonton Centre.

For more information, visit: www.cn.ca

18th June 2018