CN to Invest $165 Million in Manitoba to Build Capacity and Power Sustainable Growth

Group 1 - CN plans to invest approximately $165 million CAD in Manitoba as part of its 2025 capital investment program, focusing on track maintenance and strategic infrastructure initiatives [1] - The investment aims to improve operations of rail yards in Winnipeg and ensure the safe movement of goods, supporting long-term sustainable growth in Manitoba and across CN's network [1][2] - In 2024, CN invested approximately $200 million CAD in Manitoba for similar initiatives, highlighting the company's commitment to infrastructure development in the region [2] Group 2 - Tracy Robinson, President and CEO of CN, emphasized that investing in the network is about building for the future and enhancing the resiliency and efficiency of operations [2] - Lisa Naylor, Minister of Transportation and Infrastructure for Manitoba, acknowledged CN's investment as essential for supporting trade and creating growth opportunities for the local economy [2] - In 2024, CN's local spending amounted to $1 billion, with community investments totaling $923,000 and cash taxes paid reaching $75 million [6]