CANADIAN NATIONAL RAILWAY COMPANY The Province of New Brunswick and CN reached an agreement to preserve rail freight service on the line in northern New Brunswick. Under the agreement, the Province of New Brunswick will invest up to $25 million in rail infrastructure improvements to the Newcastle subdivision. CN will in turn spend a comparable amount to maintain and operate the line, ensuring continued rail freight service for a 15-year period on the northern and southern sections of the rail line: between Irvco, N.B., and Nepisquit Junction, N.B., in the north and between Catamount, N.B., and Nelson Junction in the south, where there are active rail freight customers.
The province's investment will be used to rehabilitate and upgrade the rail line to the operating standards required to efficiently and cost-effectively handle current and projected traffic. The work will commence in the spring of 2014.
