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Jul 11, 2018

CN Rail to spend $315 million to upgrade, expand Ontario operations

CN Rail Canadian National Railway freight train Macmillan yard April 2006

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TORONTO — CN Rail (CNR.TO) says it plans to invest about $315 million in Ontario this year to expand and strengthen the company's rail network across the province.

The company says planned projects include upgrades at CN's intermodal terminal in Brampton northwest of Toronto — the company's largest such facility — and the construction of a new train passing siding east of Sioux Lookout

The company also plans to replace some 145 kilometres of rail, install more than 380,000 new railroad ties and rebuilds some 60 road crossing surfaces.

CN says it will also perform maintenance work on bridges, culverts, signal systems and other track infrastructure

The Ontario investments are part of CN's US$3.4-billion capital program for 2018, which include a new train passing siding in the company's corridor linking Toronto and Winnipeg.

"We are investing for the long haul with these projects to boost capacity and network resiliency to meet growing demand across our economy," said CN Eastern Region Vice-President Michael Farkouh.