CN Suspends Feasibility Study of Proposed Rail Quebec/Labrador Line, Cites Delays in Mine Development Projects

CN (NYSE: CNI ) announced today that it is suspending the feasibility study for the construction of its proposed rail line and terminal handling facility to serve the Quebec/Labrador iron ore range. The feasibility study was initiated last August by CN and its partner La Caisse de dépôt et placement du Québec (the