02:33:34 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Canadian National Railway Company
Symbol CNR
Shares Issued 640,323,599
Close 2024-03-25 C$ 176.29
Market Cap C$ 112,882,647,268
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CN Railway releases indigenous relations policy

2024-03-26 10:12 ET - News Release

Mr. Olivier Chouc reports

CN RELEASES NEW INDIGENOUS POLICY IN SUPPORT OF ITS COMMITMENT TO RECONCILIATION

Building upon its commitment to reconciliation and indigenous engagement, Canadian National Railway Company has released its new indigenous relations policy for the company.

In this policy, CN Rail is building a foundation that rests on five guiding principles:

  • Cultural awareness and employee engagement;
  • People and employment;
  • Community engagement and relationships;
  • Economic reconciliation;
  • Environmental stewardship and safety.

"CN is deeply committed to reconciliation and continuing to work collaboratively alongside indigenous communities across our network. This new indigenous relations policy is an opportunity for growth, understanding and positive change. By acknowledging our past and embracing our responsibilities, we are laying a stronger foundation to continue to develop respectful, sustainable and mutually beneficial relationships with indigenous peoples," said Olivier Chouc, senior vice-president and chief legal officer.

CN Rail has made it a priority to strengthen ties, cultivate and develop mutually beneficial relationships, and create economic opportunities as part of its work toward reconciliation. CN Rail has a team of managers to lead this work, including indigenous and regional representation. This team is engaging pro-actively with communities, to develop and nurture strong and respectful relationships with indigenous communities across Canada. CN Rail recognizes that a lot of this work must start from within -- that is why this team is also working hand in hand with numerous departments at CN Rail as this new policy is implemented.

"This new policy is just one piece of the comprehensive work being undertaken at CN to build strong and meaningful relationships with indigenous peoples. We continue to work on developing our first-ever reconciliation action plan. This plan will outline specific and measurable initiatives creating a true benchmark for CN to track its performance and progress. We look forward to sharing our reconciliation action plan later this year," said Melanie Allaire, head of indigenous relations.

CN Rail respectfully acknowledges that its railway was built and continues to be operated across many traditional territories and treaty areas of indigenous peoples. Today's announcement is another step in CN Rail's journey toward reconciliation. It follows CN's acknowledgment of the historical role railways have played as instruments of colonial policies and the intergenerational impacts these policies have had on indigenous communities, published in December, 2023.

About Canadian National Railway Company

CN Rail's network spans nearly 20,000 miles and operates within or adjacent to nearly 230 reserve lands of more than 120 first nations and Metis communities in Canada, and seven tribal reservations in the United States.

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