CN to invest C$105m in Saskatchewan

Canadian National (CN) and Kansas City Southern (KCS) has announced that they have entered into a definitive merger agreement.

Canadian National (CN) has announced its commitment to invest C$*105m across Saskatchewan in 2020 after it had previously announced various projects across Canada as part of its strategic investments to support growing demand.

Planned expansion projects include continued investments to multi-year infrastructure in southern Saskatchewan. The investment will focus on the replacement of rail and ties, as well as the maintenance of bridges, level crossings, culverts, signal systems and other track infrastructure.

Maintenance program highlights include:             

  • Replacement of more than 65 miles of rail
  • Installation of over 145,000 new railroad ties
  • Rebuilds of 12 road crossing surfaces
  • Maintenance work on bridges, culverts, signal systems, and other track infrastructure

Grains and fertilisers, especially potash, make up a substantial portion of the traffic handled by CN in this Prairie province. The traffic also reflects the increasing diversification of the Saskatchewan economy by handling growing volumes of consumer goods and specialty crops through CN’s intermodal terminals in Saskatoon and Canada’s first privately operated intermodal terminal located in the Chuka Creek Business Park in Regina. Both Saskatoon and Regina boast metals distribution facilities. Saskatoon also has an automotive distribution facility and a major rail classification yard. In Bienfait, there is a CargoFlo bulk handling facility as well as forest products and metals distribution centres. Finally, in North Battleford, there is an additional forest products distribution centre.

The investment is also aimed at encouraging the use of rail for long haul needs. Furthermore, the company hopes to support reductions in its customer’s transportation supply chain GHG emissions.

James Thompson, Vice-President, Western Region at CN said: “The Company remains committed to help enable supply chains that fuel Saskatchewan’s growth. By investing in the maintenance and expansion of our track and capacity, we are providing customers with a safe and reliable solution at a time when fluid supply chains are critical.”

Source: Canadian National

*$:C$1.3/€:C$1.5/