Canadian railway CN (NYSE: CNI) so far has announced CA$95 million in 2021 capital investment projects in Alberta, Ontario, Manitoba and New Brunswick.
CA$95 million is worth about $77 million U.S., and 1 Canadian dollar equals about 81 U.S. cents.
The railway has an overall budget of CA$3 billion for capital improvements in 2021. The improvements aim to enhance safety and network fluidity via investments in technology, capacity and infrastructure maintenance.
About CA$445 million will go toward...
https://www.freightwaves.com/news/cn-lays-out-plan-for-capital-investments-in-4-provinces