Canadian National Railway Company (CNI) to Spend $80 Million in Atlantic Canada to Boost Capacity and Support Sustainable Growth

From Yahoo Finance: 2025-06-06 00:15:00

Canadian National Railway Company (CNI) plans to invest $80 million in New Brunswick and Nova Scotia for track maintenance and infrastructure upgrades to boost rail operations in the region. This includes enhancing railyards and the CN Autoport facility in Eastern Passage, N.S., to support safe transport of goods and sustainable growth.

Tracy Robinson, President and CEO of CN, emphasized the importance of infrastructure investment in New Brunswick and Nova Scotia for network resiliency and efficiency in Atlantic Canada. This builds towards providing exceptional service to customers, supporting economic growth, and moving over 300 million tons of resources, goods, and products annually.

Last year, CNI invested $84 million in the same provinces for rail upkeep, grade crossing upgrades, and structural maintenance. The company plays a crucial role in driving the North American economy through safe transportation of goods. Despite CNI’s potential as an investment, some AI stocks may offer greater returns with limited downside risk.



Read more at Yahoo Finance: Canadian National Railway Company (CNI) to Spend $80 Million in Atlantic Canada to Boost Capacity and Support Sustainable Growth