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Canadian Natl Rail targets major growth opportunities in northern Alberta's oil sands sector, says president and CEO E. Hunter Harrison (CNI) 52.45 -0.56 : E. Hunter Harrison, C.E.O. of CNI said the railway is strongly positioned to seize growing freight opportunities driven by Alberta's booming oil sands energy sector. Harrison said CNI has invested heavily - and will continue to invest - in Western Canada to prepare itself for these major developments. These investments will improve transportation for shippers and aid regional economic development. In Western Canada alone, CNI in 2007 plans to invest nearly C$350 mln in track infrastructure to enhance the plant and to take advantage of growth prospects in North American trade with Asia and the boom in the West.
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