CN announces C$2.7 billion capex plan
Written by Carolina Worrell, Senior EditorCanadian National Railway plans to invest C$2.7 billion in 2015 for rail infrastructure maintenance improvements, as well as in new capacity, equipment and technology to raise network safety and efficiency, improve service and support future growth, the company announced on May 5, 2015.
![“Thanks to Secretary Pete [Buttigieg], USDOT, the Federal Railroad Administration and all our partners for making the S-Line passenger rail a reality!!” NCDOT Secretary Joey Hopkins said in a July 1 LinkedIn post. “Thanks to the hard work of our NCDOT team we broke ground on the first construction project in the Raleigh to Wake Forest segment, a $19M project to grade separate Durant Road 7 months after the grant announcement!!” (Photograph Courtesy of Joey Hopkins)](https://www.railwayage.com/wp-content/uploads/2024/07/slinelead-315x168.png)