"CN views this as a great opportunity, it’s a brand new gateway for a sea port and we want to upgrade our B.C. north line to serve the Port of Prince Rupert. While we have no specifics right now, the area such as the oil sands in Northern Alberta, the industrial area north of Edmonton, and the CN line to Prince Rupert will form an important part of that spending." --CN spokesman Mark Hallam.
Canadian National Railways has announced plans for an ambitions 430 million dollar investment in its rail infrastructure, a good portion of which will take place across Northern British Columbia.
Much of the capital spending planned for western Canada will include work on replacement of rail, ties and other track materials, and bridge improvements.
It’s a move that the railroad no doubt hopes will help to lower the number of safety issues that have cropped over the last few years on its various routes through the province.
The investment is part of CN’s 2008 capital investment program which will see the railway spend 1.5 billion dollars across Canada in the course of the year.
Opinion 250--CN to Spend $430 Million on Western Tracks
Canadian National Railways has announced plans for an ambitions 430 million dollar investment in its rail infrastructure, a good portion of which will take place across Northern British Columbia.
Much of the capital spending planned for western Canada will include work on replacement of rail, ties and other track materials, and bridge improvements.
It’s a move that the railroad no doubt hopes will help to lower the number of safety issues that have cropped over the last few years on its various routes through the province.
The investment is part of CN’s 2008 capital investment program which will see the railway spend 1.5 billion dollars across Canada in the course of the year.
Opinion 250--CN to Spend $430 Million on Western Tracks
Reuters--CN Rail sets regional spending plans
Northern View--CN announces major investments
Globe and Mail--CN to spend $1.3-billion this year to improve rail network
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