The CANADIAN PRESS
Canadian National Railway Co. has announced plans to invest approximately $430 million in Ontario and $365 million in Alberta this year.
The Montreal-based company says in a statement that the investments will be in technology, capacity, rolling stock units and company-wide decarbonization initiatives, as well as network improvements.
Highlights of the program in Ontario in particular include replacing 43 miles of rail, installing approximately 123,000 new railroad ties; rebuilding 84 road crossing surfaces; and performing maintenance work on bridges, culverts, signal systems, and other track infrastructure
Transportation Minister Omar Alghabra said in a news release that the announcement will help “improve the fluidity of (Canada’s) rail network against the unprecedented disruptions to service” in the last two years.
CN Rail has invested more than $1 billion in Ontario and in Alberta in the last five years.
The announcement comes just a few days after 750 CN Rail workers from across the country represented by the International Brotherhood of Electrical Workers (IBEW) hit the picket line. The signal and communications workers are fighting for better wages and benefits.
CN said operations remain uninterrupted under its contingency plan. It continues to encourage the union to end the strike through an agreement or binding arbitration.