CN announced this week it will invest nearly CA$1.3 billion this year in capital expenditures on infrastructure in the provinces of British Columbia, Ontario, Alberta and Quebec.
In British Columbia, the CA$445 million investment will include expansion projects that will add track in yards and new sidings. CN also will continue spending on multiyear initiatives to increase capacity at the Port of Vancouver and the Port of Prince Rupert in collaboration with the Canadian government, the Vancouver Fraser Port Authority and the Prince Rupert Port Authority.