CN announces $345 million investment in B.C.

By Greg Fry
March 20, 2019 - 2:31pm Updated: March 20, 2019 - 5:29pm

PRINCE GEORGE — Good news from CN.

The rail giant announced today it's investing approximately $345 million to expand and strengthen B.C.'s rail infrastructure in 2019.

"The B.C. investments are part of CN's 2019 record $3.9-billion capital investment focused on enabling growth from all commodity segments, including consumer goods, grain, agriculture, forest, and energy products form all of our customers safely and efficiently," said the company in a statement. "Over two years, CN will have made a $7.4 billion capital investment."

CN adds it's currently deploying important safety-enhancing technologies across its network, such as the Autonomous Track Inspection Program, Distributed Air Cars and Automated Inspection Portals.

"These innovations, combined with CN's investments in locomotives, capacity, infrastructure, and train crews, will support the safe and efficient movement of our customers' goods to their end markets."

CN says one of its expansion projects that will improve traffic fluidity in the Port of Prince Rupert area includes construction of 2.5 miles of double track west of Prince George.

The announcement received enthusiastic support from the City of Prince George.

"Prince George City Council wishes to express its sincere appreciation to CN for this important investment into the safety and security of railway service in Prince George and across the province," said Mayor Lyn Hall. "Prince George is a hub city at the confluence of rivers, roads, highways, and rails, thus investments in rail near Prince George directly benefit and enhance our city."

 

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