CN (CNI) announced plans to invest approximately C$80M in New Brunswick and Nova Scotia, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives to support rail operations in the region, including upgrade projects to improve operations at CN’s railyards and the CN Autoport facility in Eastern Passage, N.S. These investments will help ensure the safe movement of goods and support long-term sustainable growth across CN’s network in Atlantic Canada, the company said in a statement.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNI:
- Canadian National Railway: Strong Growth Potential Driven by Prince Rupert Gateway and Operational Improvements
- CN to invest C$290M in Saskatchewan to build capacity, sustainable growth
- CN to invest C$165M in Manitoba to build capacity, power sustainable growth
- CN to invest C$615M in British Columbia
- CN to invest C$510M in Alberta to build capacity, power sustainable growth
