CN invests in Alberta and Quebec
Canadian National Railways (CN) plans to invest CAD 305 million (EUR 199 million) across Alberta and CAD 235 million (EUR 153 million) across Quebec in 2020. The investments in Alberta will include maintenance work as well as expansion projects such as the construction of a double track to allow more trains to pass on CN’s mainline.
The investments in Quebec involve various information technology projects, positive train control, the replacement of rail and ties, as well as the maintenance of level crossings, culverts, signal systems and other track infrastructure. CN, Hutchison Ports and the Port of Quebec are working together to pioneer a new intermodal container terminal.
This new, state-of-the-art terminal is set to become a cornerstone of the deep-water, year-round Port of Quebec. The new CN-served terminal will have capacity for 700,000 teu. The opening is scheduled for spring of 2024. (ben)