CN to invest $55 million in Minnesota enabling sustainable growth, improving capacity and advancing the company’s commitment to safety

CN announced today plans to invest approximately $55 million in Minnesota in 2022. This includes investments in technology, capacity, rolling stock units and company-wide decarbonization initiatives, as well as network improvements. These investments will power sustainable growth and ensure the continued safe movement of goods in Minnesota and everywhere on CN’s transcontinental network.

“We continue to make significant investments in our network, technology, and capacity. We are building the premier railroad of the 21st century to do even more for our customers, railroaders, shareholders, and the communities in which we operate.”

      - Sean Finn, Executive Vice-President, Corporate Services and Chief Legal Officer of CN

“This past year, CN expertly navigated difficult circumstances and successfully kept critical goods moving across Minnesota, further proving that they are an essential link in our critical supply chains. I am incredibly grateful that CN has chosen to build upon their success in Minnesota by investing in local infrastructure and technology. I thank CN for their commitment to the Northland, and look forward to continuing our partnership with them for many years to come.”

      - Pete Stauber, U.S. Congressman, Minnesota’s 8th Congressional District

Maintenance program highlights include:

Minnesota in numbers:

• Replacing approximately 5 miles of rail;
• Installing more than 105,000 new railroad ties;
• Rebuilding 14 road crossing surfaces; and
• Maintenance work on bridges, culverts, signal systems, and other track infrastructure

• Capital investments: More than US$300 million in the last five years
• Employees: approximately 540
• Railroad route miles operated: 426
• Community partnerships: US$126,000 in 2021
• Local spending: US$123 million in 2021
• Cash taxes paid: US$17 million in 2021