CN to Invest $475 Million in Quebec to Build Capacity and Power Sustainable Growth

Core Insights - CN plans to invest approximately $475 million CAD in Quebec as part of its 2025 capital investment program, focusing on track maintenance and strategic infrastructure initiatives [1] - The investment aims to enhance operational efficiency at the Taschereau railyard in Dorval and includes various information technology projects to modernize systems and support customers [1] - In 2024, CN invested around $633 million in Quebec for similar initiatives, highlighting the company's commitment to infrastructure development [2] Investment Details - The 2025 investment will support safe goods movement and long-term sustainable growth in Quebec and CN's broader network [1] - Specific allocations from the 2024 investment included approximately $27 million for upgrading the dispatching system and rail traffic control simulator, and over $40 million for new equipment [6] Economic Impact - CN's infrastructure investments are seen as vital for strengthening the resiliency and efficiency of the transportation network, contributing to economic growth in North America [2] - The company transported over 300 million tons of goods annually, connecting various regions and supporting sustainable trade since 1919 [4]