Photo credit: cn.ca
BRITISH COLUMBIA – CN has announced plans to invest approximately $615 million CAD in British Columbia, as part of its 2025 capital investment program. This investment will support strategic infrastructure initiatives in the province, including many multi-year projects to increase fluidity in the Vancouver corridor and build capacity along CN’s network from Prince Rupert and across Western Canada. These projects will help ensure the safe movement of goods and support long-term sustainable growth in British Columbia and across CN’s network.
“We believe that investing in our network is about building for the future. Our continued infrastructure investment in British Columbia will help strengthen the resiliency and efficiency of our network across the province. Our focus remains on providing exceptional service to our customers and supply chain partners, supporting strong economic growth for North America and across the communities where we operate,” stated Tracy Robinson, President, and Chief Executive Officer of CN.
In 2024, CN invested approximately $554 million CAD in British Columbia for track maintenance and key infrastructure initiatives. Highlights from this investment include:
- Over $22 million for siding extension projects to help provide additional fluidity along key corridors from the Port of Vancouver to Kamloops and north to Fort St John.
- Advancing projects to improve fluidity and capacity in the Greater Vancouver area, such as a $7.6 million initial investment in the multi-year Holdom Overpass project, and $2 million for enhancements to the Thornton Tunnel, as well as another $7 million for upgrades to both the Lulu Island and Fraser River Bridges.
British Columbia in Numbers:
- Employees: approximately 2,698
- Railroad route miles operated: 2,797
- Community investments: $2.7 million in 2024
- Local spending: $559 million in 2024
- Cash taxes paid: $241 million in 2024
Source: Globenewswire
