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Stock impact report

CN investing $210 million to expand and strengthen Saskatchewan’s rail infrastructure in 2018

Canadian National Railway Company (CNI) 
Last canadian national railway company earnings: 4/27 04:01 pm Check Earnings Report
US:NYSE Investor Relations: cn.ca/en/investors
Company Research Source: GlobeNewswire
SASKATOON, Saskatchewan, June 19, 2018 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) said today it plans to invest approximately $210 million in Saskatchewan in 2018 to expand and strengthen the company’s rail network across the province. “We are investing for the long haul with these projects to boost capacity and network resiliency,” said Doug Ryhorchuk, vice-president of CN’s Western Region. “Our investments in new double track across the Prairies combined with new equipment and more people will help us deliver superior service to our grain, energy and other customers across the province and North America. Additionally, our substantial investments to renew our existing railway infrastructure underscores our commitment to operating safely.” The Saskatchewan investments are part of CN’s record $3.4 billion capital program for 2018. They include more than 20 miles of new double track in three locations along CN’s busy transcontinental corridor across the province. Other capital prog Show less Read more
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