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CN (TSX:CNR) announces $1.5M in additional relief for the village of Lytton and the Lytton First Nation
Source: Trains.com
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  • CN (CNR) will contribute an additional $1.5 million to immediate relief efforts in the Village of Lytton, B.C. and the Lytton First Nation
  • CN staff have been on the ground, cooperating with investigators and assisting authorities
  • CN has also offered to match donations made by its nearly 26,000 employees
  • Today’s announcement of $1.5 million is in addition to funds already committed for the immediate needs of residents
  • CN is a world-class transportation leader and trade enabler
  • Canadian National Railway Company (CNR) opened trading at C$132.07

CN (CNR) will contribute an additional $1.5 million to immediate relief efforts in the Village of Lytton, B.C. and the Lytton First Nation.

JJ Ruest, President and CEO of CN remarked,

“The communities and First Nations along the CN network are our neighbours, and in Lytton, our neighbours are in crisis. Our employees are a part of these communities, and we will continue to be there helping rebuild and recover when this story has disappeared from news headlines. It’s going to be a big job.”

CN’s contribution will be spent according to the expressed needs of the Lytton community and the Lytton First Nation.

CN staff have been on the ground, cooperating with investigators and assisting authorities, since the wildfire struck last week. CN has provided electrical generators, refrigerated containers, electronic tablets, groceries, food and other necessities to residents sheltering in temporary accommodation.

CN has also offered to match donations to the relief effort by its nearly 26,000 employees.

The company has informed local and First Nations leadership that they are prepared to help in any way possible, be it provision of services or material.

Today’s announcement of $1.5 million is in addition to funds already committed for the immediate needs of residents.

Several CN employees live in and around Lytton. CN provided immediate support and has ensured all are safe and accounted for.

CN is a world-class transportation leader and trade enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year.

Canadian National Railway Company (CNR) opened trading at C$132.07.

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