CN targeting C$2.9 billion in 2016 capital investments
Written by Carolina Worrell, Senior EditorCN announced on Feb. 10, 2016 the details of its 2016 plan to invest approximately C$2.9 billion in rail infrastructure and equipment “to raise network efficiency, support long-term growth and further strengthen safety.”
![“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)