Canadian National Railway Fined $8M For Environmental Offenses Related To 2015 Train Derailments
Portfolio Pulse from Benzinga Newsdesk
Canadian National Railway has been fined $8 million for environmental offenses related to train derailments that occurred in 2015, according to Reuters citing Environment and Climate Change Canada.
July 22, 2024 | 6:14 pm
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Canadian National Railway has been fined $8 million for environmental offenses related to train derailments that occurred in 2015.
The fine is a direct financial penalty and could also impact the company's reputation, potentially leading to short-term negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 70
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