Latest news with #DavidMarit
Yahoo
26-05-2025
- Business
- Yahoo
CN to Invest $290 Million in Saskatchewan to Build Capacity and Power Sustainable Growth
MONTREAL, May 26, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately $290 million CAD in Saskatchewan, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the province. This includes major projects to support customer initiatives and our agriculture industry partners to improve the movement of grain and fertilizers. These investments will help ensure the safe movement of goods and support long-term sustainable growth in Saskatchewan and across CN's network. "We believe that investing in our network is about building for the future. Our continued infrastructure investment in Saskatchewan will help strengthen the resiliency, and efficiency of our network across the province. Our focus remains on providing exceptional service to our customers and supply chain partners, supporting strong economic growth for North America and across the communities where we operate." - Tracy Robinson, President, and Chief Executive Officer of CN 'We thank CN for their commitment to improving the rail system in Saskatchewan. Rail transportation is an essential part of getting Saskatchewan's food, fuel and fertilizer to more than 160 countries around the globe,' said Highways Minister David Marit. 'Our customers are expecting a reliable and timely delivery system, and this investment will help our robust transportation network continue to meet the needs of Saskatchewan producers, while supporting our export-based economy.' - David Marit, Minister of SaskBuilds and Procurement, Government of Saskatchewan In 2024, CN invested approximately $160 million CAD in Saskatchewan for track maintenance and key infrastructure initiatives. Highlights of this investment include: More than $6.7 million in shared investment for grade crossing upgrades across our network in Saskatchewan Over $3 million in upgrade projects to improve operations and support employees at CN's Melville railyard Saskatchewan in Numbers: Employees: approximately 1,152 Railroad route miles operated: 1,845 Community investments: $670,000 in 2024 Local spending: $117 million in 2024 Cash taxes paid: $105 million in 2024 CN Forward-Looking Statements Certain statements by CN included in this news release constitute 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws. By their nature, forward-looking statements involve risks, uncertainties and assumptions. CN cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as 'believes,' 'expects,' 'anticipates,' 'assumes,' 'outlook,' 'plans,' 'targets,' or other similar words. Forward-looking statements reflect information as of the date on which they are made. CN assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event CN does update any forward-looking statement, no inference should be made that CN will make additional updates with respect to that statement, related matters, or any other forward-looking statement. About CNCN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since Michnowski Stacy Alderson Senior Manager Assistant Vice-President Media Relations Investor Relations (438) 596-4329 (514) 399-0052 media@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBC
09-05-2025
- Climate
- CBC
Sask. Highway Hotline digital platforms get record-high 60 million visits in 1 year
App and website received 20 million and 40 million page views respectively The Saskatchewan Highway Hotline's digital platforms got record traffic over the last year. From April 2024 to March 2025, the road information service's app and website got a combined 60 million page views, compared to 13 million in the same period the year before. The surge is largely attributed to difficult driving conditions and storms. The Highway Hotline web page and app were checked more than 10 million times in November, more than 13 million times in December, and more than 14 million times in January 2025. Brad Crassweller, MLA for White City-Qu'Appelle, lauded the numbers at a news conference Friday. "I think 60 million hits is incredible," Crassweller said. "We've got so many people concerned about taking safety seriously." RCMP Staff Sgt. Jason Sauve spoke as well, noting his extensive personal use of the platform. "During the winter, with the RCMP, we send out safety messaging pretty much every time there is a significant weather event, and this winter we did that an awful lot," Sauve said. "Between April and September, there were 830 collisions involving snow, ice or visibility restrictions." With the May long weekend coming up next week, Sauve encouraged drivers to check Highway Hotline for other factors that can affect road conditions, such as wildfire smoke, construction and collisions. Highway Minister David Marit made a statement in a news release about the record Friday. "Thank you to all drivers who take the time to check the Highway Hotline to make an informed decision before heading out on the road," he said. "Understanding what may be on the road ahead can help you plan safer and more efficient trips, which supports our quality of life and export-based economy." Beyond the map denoting road hazards, the platform also contains more than 50 camera locations across the province, as well as a "Track My Plow" feature which allows drivers to check which roads have been cleared.
