GIÉ/EIG - CN & train noise - Suivi

Following recent media coverage, EIG has sent a letter to CN expressing concern, as a shareholder, about the issue of rail noise complaints from residents bordering the CN tracks in the Pointe-St-Charles area of Montreal, which have been ongoing for over a decade. / Suite à la couverture récente dans les médias, le GIÉ a envoyé une lettre au CN (en anglais) exprimant son inquiétude, en tant qu’actionnaire, face aux  plaintes sur le bruit ferroviaire de la part des riverains des voies ferrées dans le quartier de Pointe-St-Charles à Montréal, depuis plus de dix ans.

EIG shareholder engagement and CN

For some years, EIG has engaged with companies in which it is a shareholder by writing letters to upper management on issues of concern.  As investors, we feel our voices should be heard. We last had an exchange of letters with CN in 2014 concerning rail safety, following the Lac Mégantic disaster.  An issue also in our sights, but never acted upon, was the fight of Pointe-St-Charles residents against CN concerning excessive noise, 24/7, from their shunting yards, which resulted in a complaint filed in 2015 with the Canadian Transportation Agency. Both sides agreed to mediation, which is continuing.  The issue is in the news again.  For a summary of the fight, see: Sur le bord de la track (La Presse, 26 avril 2017)