Canadian National Railway will relocate its operations from Jasper, a town in the province of Alberta, to Hinton, about 100 kilometers away, said the Teamsters Canada Rail Conference in a statement.

Canadian National Railway Company (NYSE:CNI) announced a public debt offering of $750M principal amount of 4.375% notes due 2034. Closing expected on September 18, 2024. Net proceeds will be used for general corporate purposes,

Mayor Richard Ireland said CN Rail's presence in Jasper, which dates back over a century, is a key part of the community's identity and he hopes the company will reconsider.

CN Rail's decision to pull operations out of the Rocky Mountain tourist town of Jasper, Alta., will have a devastating impact on local families, says mayor Richard