From Yahoo Finance: 2025-05-26 23:10:00

Canadian National Railway Company (NYSE:CNI) is investing $290 million CAD in Saskatchewan as part of its 2025 capital program, up from $160 million in 2024. The funds will enhance rail capacity and efficiency, focusing on agriculture-related freight and infrastructure upgrades. CNI plays a vital role in Canada’s economy and supply chain.

The investment comes at a crucial time for Canada’s economy, with flat revenue growth and threats to prosperity. CNI’s infrastructure investments aim to streamline the economy and reduce dependence on US trade. The company anticipates 10-15% EPS growth this fiscal year, positioning it for accelerated growth post-pandemic.

Canadian National Railway connects Canada’s coasts to the US Gulf Coast, supporting trade in key sectors like agriculture and manufacturing. While CNI is a promising investment, some AI stocks may offer higher returns with limited downside risk. Investors seeking AI stocks with significant upside potential can explore other options beyond CNI.

Disclosure: None.



Read more at Yahoo Finance: Canadian National Railway Plans to Invest $290 Million in Saskatchewan to Build Capacity and Power Sustainable Growth