Canada to Invest C$1bn in Infrastructure19 March 2008 15:32 Canadian National Railway is to invest more than C$1bn in track and infrastructure work across North America this year as part of regional spending plans announced this week. The company says it will spend C$430m in Western Canada and C$300m in both Eastern Canada and the US to repair and upgrade track, bridges and switching yards, writes Reuters. In December the company announced it would spend C$1.35bn over the next three years to rebuild the 325km Athabasca Northern Railway, threatened with abandonment because of deteriorating track. By staff writer » Email this link to a friend |
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