NORTH American Class 1 Canadian National (CN) has announced its 2022 spending plans for the Canadian provinces of British Columbia and Quebec, which will see a total of $C 725m ($US 561.8m) allocated to capital investment and infrastructure maintenance.
CN says that it will be investing in technology, rolling stock and company-wide decarbonisation initiatives, as well as improvements across its network. This will enable sustainable growth, improve capacity and advance the company’s commitment to safety.
In British Columbia, where CN has 2380 employees and operates 4502.4 route-km, $C 390m is to be spent in 2022.
The infrastructure maintenance programme for the province includes replacing 177.6km of rail, installing 126,000 new sleepers and rebuilding the road surface at 37 level crossings. This is in addition to route maintenance work on bridges, culverts, signalling systems and other track infrastructure.
In 2022 CN is to spend a total of $C 335m in Quebec, where the infrastructure maintenance programme will see 43.2km of rail replaced and 118,00 new sleepers installed.
CN operates 3270.4 route-km in Quebec where it has 3330 employees.
"We continue to make significant investments in our network, technology, and capacity,” says Mr Sean Finn, executive vice-president, corporate services, and chief legal officer at CN.
“We are building the premier railroad of the 21st century to do even more for our customers, railroaders, shareholders, and the communities in which we operate."
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