CN Rail to invest $315mn in Ontario rail infrastructure

By zaymalz malz

Canadian National Rail (CN Rail) has announced that it will be investing approximately CAD$315mn in bolstering its operations with Ontario, looking to both expand and strengthen its existing rail infrastructure across the province.

The investments set to be made throughout the remainder of 2018 will come as part of CN Rail’s wider record $3.4bn capital program, whilst also adding to the firm’s previous $1.2bn in the investments across the province that have come over the course of the last five years.

See also:

“I applaud CN's investment in important railway infrastructure across Ontario,” said Navdeep Bains, the Canadian minister of innovation, science and economic development. “These investments will help connect Canadians by improving transportation and will maintain and expand CN's workforce of nearly 4,000 Ontarians.”

The earmarked funds will be used to enhance the firm’s satellite intermodal facility in Brampton, build a new train passing east of Sioux Lookout, and replace near 90 miles of existing rail tracks, amongst other things.

“Our investments in track and intermodal yard capacity combined with new equipment will help us deliver superior service to our customers in Ontario and North America,” said Michael Farkouh, Vice President of CN’s Eastern Region.

“Additionally, our substantial investments to renew our existing railway infrastructure underscores our commitment to operating safely.”

The company currently employs more than 3,600 workers across Ontario, operating 2,510 railway route miles in total.

Share

Featured Articles

Rise of the Chief Information Security Officer (CISO)

HE Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government and Dr Aloysius Cheang, Chief Security Officer Huawei UAE, on the new age of the CISO

UAE building cybersecurity fortress for a safer world

Exclusive: His Excellency Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government, on bold plans to build the world’s most secure digital society

The future of cybersecurity must be built on the basics

HE Dr Mohamed Al-Kuwaiti, Head of Cyber Security, UAE Government and Dr Aloysius Cheang, Chief Security Officer Huawei UAE, on the future of cybersecurity

10 of the best speakers at Procurement & Supply Chain LIVE

Leadership & Strategy

10 apps to support staff on World Mental Health Day

Leadership & Strategy

DEI done right: Brook Sims, COO, MAC Diversity Recruiters

Leadership & Strategy