Canadian railway CN has announced another $355 million in capital investments in two provinces and two U.S. states, bringing the total to $1.67 billion for 2022.
In 2021, CN (NYSE: CNI) dedicated CA$2.9 billion (US$2.25 billion) for capital expenditures, according to its 2021 annual report.
In Canada, CN will invest about CA$185 million for capital and maintenance projects in Saskatchewan, including replacing 25 miles of rail track, installing more than 151,000 railroad ties and rebuilding 23...