north america’s railroad the van horne institute calgary chamber of commerce october 20, 2005

North America’s RailroadNorth America’s Railroad

The Van Horne Institute Calgary Chamber of Commerce

October 20, 2005

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The Canadian Chamber of Commerce

The Voice of Canadian Business

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North America’s Railroad

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CN Network — 1995

Traffic flows mainly between Eastern and Western

Canada

Prince Rupert

Vancouver

Edmonton

Winnipeg

Halifax

Chicago

Calgary

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CN Network — 1999

Prince Rupert

Vancouver

Edmonton

Winnipeg

Halifax

Acquisition of Illinois Central

Jackson

Memphis

New Orleans

Chicago

Calgary

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CN Network — 1999

Prince Rupert

Vancouver

Edmonton

Winnipeg

Halifax

Strategic Alliance with Kansas City

Southern and Transportacion

Ferroviaria Mexicana

Shreveport

Kansas City

Laredo

Jackson

Memphis

New Orleans

Chicago

Calgary

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CN Network — 2001

Acquisition of Wisconsin Central

Prince Rupert

Vancouver

Edmonton

Winnipeg

Halifax

Chicago

Jackson

Memphis

New Orleans

Shreveport

Kansas City

Laredo

Calgary

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CN Network — Recent Developments

Vancouver

Edmonton

Winnipeg

Halifax

Chicago

Jackson

Memphis

New Orleans

Shreveport

Kansas City

Laredo

Acquisition of Great Lakes Fleet

and BC Rail

Calgary

Prince Rupert

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CN Today — A “3-Coast” Network

CN is North America’s Railroad

Vancouver

Edmonton

Winnipeg

Halifax

Chicago

Jackson

Memphis

New Orleans

Shreveport

Kansas City

Laredo

Calgary

Prince Rupert

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Market Capitalization

CN IPO - November 1995

1214

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20

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UP CN BNSF NS CSX

September 2005

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11

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2321 22

UP CN BNSF NS CSX CP

(Cdn $ billion)

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This is Excellence

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This is the Competition

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This is our Capacity

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This is the Engine

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A Culture of Precision

Challenge everything and improve it!

A Simple and Powerful Game Plan

“Success Breeds

Success”

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Rail Safety: Investing in our Network

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Lake Wabamun, Alberta

Major incident

Within days…

– 80,000 feet of booms

– 400+ spill-trained contract workers

– Specialized equipment, e.g. skimmers

– World-renowned experts

– CN Wildlife Recovery Centre

Excellent progress on clean-up; more in the spring

CN-led and coordinated response

Good cooperation

CN is committed!

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What’s Next?

CN in China and Asia:

– Beijing

– Shanghai

– Hong Kong

– Taipei

– Tokyo

– Seoul

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Prince Rupert

Ready for the future

Excellent natural harbour

Can handle the largest container ships

Closest North American port to China: an extra round-trip voyage every year

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North America’s Railroad

www.cn.ca