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CN to invest CAN$310 million in Ontario

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CN has recently announced that, as part of its strategic investments to support growing demand and enable supply chains, it plans to invest approximately CAN$310 million across Ontario in 2020. The investments will focus 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. 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,” said Derek Taylor, Vice-President, Eastern Region at CN.

Marc Garneau, Minister of Transport, Government of Canada, added: “Remaining committed to supporting Canadian businesses, our government continues to invest in Canada’s economy to encourage economic growth. We are pleased to see companies such as CN do their share by investing in improving safety, growing its capacity and enabling trade through a safe and reliable rail network. Ontario’s economy requires a fluid rail network to support the movement of consumer goods as well as vehicles and mining products. CN’s investments in the province will enable new supply chains and support existing ones.”

“CN’s investment will improve the safety and efficiency of its operations in Ontario. Keeping Ontario’s supply chains open and moving has never been more important and will continue to be essential in ensuring that we are prepared for the future and into our economic recovery,” commented Vic Fedeli, Minister of Economic Development, Job Creation and Trade, Government of Ontario.

The company’s investments will create greater capacity, which supports reductions in its customer’s transportation supply chain greenhouse gas (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%. The company will continue to deploy important safety enhancing technologies in Ontario, such as the Autonomous Track Inspection Programme 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.

Large volumes of traffic are handled in Ontario, much of it at MacMillan Yard – CN’s largest rail classification facility and its only hump yard in Eastern Canada. Mac Yard also has railcar and locomotive repair shops. Intermodal containers are handled at CN’s biggest terminal in Brampton. The Toronto area also boasts a distribution facility for automobiles, one for forest products, two for metals, a logistics park, and two CargoFlo bulk handling facilities. In addition, the company has forest products and metals distribution centres in Brockville, a forest products distribution centre in Atikokan and an automotive distribution centre in Windsor.

CN has proposed to build a CAN$250-million Milton Logistics Hub that will create over 1000 direct and indirect jobs. The project is undergoing a comprehensive independent environmental assessment and regulatory review, including participation of local communities and Aboriginal groups.

Read the article online at: https://www.drybulkmagazine.com/rail-barge/01072020/cn-to-invest-can310-million-in-ontario/

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