This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Humboldt, Sask., Inaugurates CN EcoConnexions - From The Ground Up Community Trail

CN reiterates plan to upgrade Prairie North Line through Humboldt

HUMBOLDT, SK, May 13, 2013 /PRNewswire/ - Today, CN (TSX: CNR) (NYSE: CNI) president and chief executive officer Claude Mongeau helped the citizens of Humboldt, Sask. inaugurate the Community Trail project, part of the CN EcoConnexions - From the Ground Up program. Humboldt is one of 25 communities selected to receive funding from the program to date.

The program's objective is to promote the greening of municipal properties across Canada, especially areas in close proximity to rail lines. CN, with its partners Tree Canada and Communities in Bloom, is helping Canadian municipalities establish tree planting initiatives in a sustainable, environmentally responsible manner.

"We're pleased that the CN EcoConnexions program saw the value in this project," stated Malcolm Eaton, Mayor of the City of Humboldt.  "The 5th Avenue trails development will not only give our residents and visitors the opportunity to safely access Centennial Park and the downtown, it's also a very physical reminder of our community's collective efforts to connect and beautify our city."

Humboldt's project will create a community trail that links Centennial Park - which contains the Humboldt Uniplex facility, Humboldt Collegiate Institute and Carlton Trail Regional College - with the downtown core.  The project also involves the planting of trees and shrubs along the proposed trail, enhancing municipal land alongside local CN property.

In his remarks at the site, Mr. Mongeau said: "Our sustainability agenda goes beyond making our own operations as fuel efficient and environmentally friendly as possible.  We aim as well to support sustainability initiatives in the communities we serve.  The EcoConnexions From the Ground Up program is an excellent example of CN and communities working together to mutually promote these goals."

Mr. Mongeau also spoke of upgrades that will be made to the CN line that runs through Humboldt. CN will make significant investments in the Prairie North Line's rail infrastructure. Work will involve capital spending on new ties and rail, as well as new sidings to handle the increase in train traffic projected for the line. The investment and work plans are being developed now, with work expected to begin in earnest during the coming weeks.

"The Prairie North Line serves important resource industries in the parkland territories of the northern Prairies," said Mr. Mongeau. "Agriculture has long been the backbone of the economy here, along with forestry. Both those industries are doing well, and we're now seeing great growth in the petrochemical industry along this rail line. Traffic is growing and we're going to upgrade the line to handle the new business safely and efficiently.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,203.37 -85.26 -0.47%
S&P 500 2,107.78 -9.61 -0.45%
NASDAQ 4,979.9010 -28.1950 -0.56%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs