CN investing C$3.4B to build capacity, power sustainable growth

CN (CNI) announced its 2025 capital expenditures program, underscoring its commitment to growing capacity, enhancing safety, and powering sustainable growth across its North American network. CN will invest approximately C$3.4B in capital projects this year, net of customer reimbursements.This year’s capital program includes approximately C$2.9B allocated to its maintenance and strategic infrastructure initiatives across Canada and the United States. Projects already underway include over 225 miles of new rail installation and approximately 8 capacity building projects in Western Canada scheduled to come online by the end of this year. As part of this investment CN is also allocating over C$500M to upgrade and expand its rolling stock, reinforcing the company’s focus on providing safe, reliable, and efficient service for customers across its network. “At CN, we believe investing in our network is investing in the future of North American supply chains. Our 2025 capital program reflects a clear focus on strengthening the resilience, efficiency, and sustainability of our operations. These investments are about delivering exceptional service today – and building a safer, more connected tomorrow for our customers, employees, supply chain partners, and the economy,” said Tracy Robinson, President, and CEO of CN.