CN RAIL TO INVEST $445M IN BRITISH COLUMBIA IN 2020

Canadian National Railway Co. said on Monday it plans to invest about $445 million across British Columbia this year to add rail tracks and handle growing traffic at the country’s biggest railroad. The investments include building about 5.5 km of double track between Vancouver and Edmonton, replacing more than 160 km of rail and installing over 209,000 new railroad ties. Montreal-based CN, which has 2,465 employees in British

Columbia, said the investments would also help enable supply chains. The company in April withdrew its full-year 2020 forecast following the pandemic and expects a tough second quarter for its energy unit.