EDMONTON — CN announced major investments to double track key segments of its high-volume main line east of Edmonton, add capacity to its rail line to the oil sands region of northern Alberta, and improve velocity at its Walker Yard freight car classification facility in Edmonton.
MONTREAL — CN has refinanced its revolving credit facility with a new four-year $800-million facility co-led by The Bank of Nova Scotia, J.P. Morgan Securities LLC, and BMO Capital Markets.
SASKATOON — CN said its Scheduled Potash Service has increased supply chain efficiencies for producers in Western Canada and provided them quicker access to markets.
HOMEWOOD, Ill. — With trespassing incidents and fatalities on the rise in the United States, CN is marking Rail Safety Week from May 2 to May 8, 2011, with a public awareness campaign that stresses the deadly risks of trespassing on railroad tracks and property.
MONTREAL — CN has teamed up with the Canadian Red Cross to recruit and train corporate employees as disaster volunteers to help the agency respond to natural disasters. With a contribution of C$450,000, CN becomes a national sponsor of the Ready When the Time Comes (RWTC) natural disaster preparedness program. RWTC is a workplace volunteer program in which the Red Cross trains and prepares employees of businesses who can be mobilized as a community-based volunteer force when large-scale natural disasters strike, including floods, fires, tornadoes and extreme weather conditions. CN’s contribution will provide the RWTC program with the following program
MONTREAL — CN has teamed up with the Canadian Red Cross to recruit and train corporate employees as disaster volunteers to help the agency respond to natural disasters. With a contribution of C$450,000, CN becomes a national sponsor of the Ready When the Time Comes (RWTC) natural disaster preparedness program. RWTC is a workplace volunteer program in which the Red Cross trains and prepares employees of businesses who can be mobilized as a community-based volunteer force when large-scale natural disasters strike, including floods, fires, tornadoes and extreme weather conditions. CN’s contribution will provide the RWTC program with the following program
HOMEWOOD, Ill. — CN Police are launching their SEE IT? REPORT IT! You Could Save a Life public awareness campaign. The police force is asking the public to help save lives by calling CN Police at 1-800-465-9239 whenever they witness unsafe behavior on railroad property.
MONTREAL — CN said its Board of Directors has approved a second-quarter 2011 dividend on the Company’s common shares outstanding. A quarterly dividend of 32.5 cents per common share will be paid on June 30, 2011, to shareholders of record at the close of business on June 9.
MONTREAL — CN has issued its third sustainability report, Delivering Responsibly. This report highlights CN’s strategy, programs and achievements in the areas of governance practices, safety initiatives, human resources management, community involvement and environmental sustainability.