CN investing $310 million in Ontario infrastructure
TORONTO — CN plans to invest about $310 million across Ontario in 2020, with the investments focusing on intermodal facilities, the replacement of rail and ties, as well as the maintenance of bridges, level crossings, culverts, signal systems and other track infrastructure.
“We take our essential role in the North American economy seriously and these investments in Ontario are a key part of our strategy to support growth,” said Derek Taylor, vice-president, Eastern Region at CN. “The Company remains committed to help enable supply chains that fuel Ontario’s growth as we are a critical part of getting everyday goods to markets and consumers. Safety is a core value at CN and 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 more critical than ever.”
The Company’s investments will create greater capacity, which supports reductions in its customer’s transportation supply chain GHG emissions, by encouraging the use of rail for long haul needs. This reduces emissions, traffic congestion, accidents and burdens on public transportation infrastructure as one freight train can replace over 300 trucks from roads.
Moving freight by rail instead of truck reduces GHG emissions by 75 per cent. The company will continue to deploy important safety enhancing technologies in Ontario, such as the Autonomous Track Inspection Program, and automated inspection portals.
Maintenance program highlights include:
- Replacement of more than 60 miles of rail
- Installation of approximately 195,000 new railroad ties
- Rebuilds of 86 road crossing surfaces
- Maintenance work on bridges, culverts, signal systems, and other track infrastructure
CN has also proposed to build a $250-million Milton Logistics Hub. The project is undergoing a comprehensive independent environmental assessment and regulatory review, including participation of local communities and Aboriginal groups.