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CN Releases its 2025 Indigenous Reconciliation Action Plan Annual Report

CN (TSX: CNR / NYSE: CNI) released its 2025 Indigenous Reconciliation Action Plan (IRAP) Annual Report on March 4, 2026, reporting progress on reconciliation through measurable actions.

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Rhea-AI Summary

CN (TSX: CNR / NYSE: CNI) released its 2025 Indigenous Reconciliation Action Plan (IRAP) Annual Report on March 4, 2026, reporting progress on reconciliation through measurable actions.

In 2025 CN completed 20 of 24 scheduled IRAP actions, rescheduled two to 2026, recalibrated two targets, and finished two actions ahead of schedule. CN also held over 500 meetings, joined 240+ community events, ran 15+ in-person rail safety trainings, and supported 170+ Indigenous communities and organizations.

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Positive

  • 20 of 24 IRAP actions completed in 2025
  • Held 500+ meetings and consultations with Indigenous partners
  • Participated in 240+ Indigenous community events
  • Supported 170+ Indigenous communities and organizations

Negative

  • Two IRAP actions rescheduled to 2026
  • Two IRAP targets recalibrated due to lessons learned and economic conditions
Argus Mar 4 session
-0.35% close to close Open Argus
Details

News Market Reaction – CNI

On Mar 4, the day this news came out, CNI closed 0.35% below the previous close.

Data tracked by StockTitan Argus for the Mar 4 session.

Market Context

This announcement centers on CN’s Indigenous Reconciliation Action Plan, highlighting completion of ...
Analysis

This announcement centers on CN’s Indigenous Reconciliation Action Plan, highlighting completion of 20 of 24 2025 actions, early delivery of two future actions, and more than 500 meetings with Indigenous partners. It adds to a recent stream of operational, financial, and capital-return updates. Investors may track how such ESG and community initiatives intersect with regulatory relationships, network reliability, and long-term growth, alongside traditional metrics like revenue trends and capital spending from recent filings.

Key Figures

IRAP actions completed 2025: 20 of 24 actions IRAP actions rescheduled: 2 actions IRAP targets recalibrated: 2 targets +5 more
IRAP actions completed 2025
20 of 24 actions
2025 Indigenous Reconciliation Action Plan
IRAP actions rescheduled
2 actions
Rescheduled from 2025 to 2026
IRAP targets recalibrated
2 targets
Adjusted based on lessons learned and economic conditions
Actions completed early
2 actions
Originally planned for 2026 and 2027
Meetings and consultations
More than 500
Engagements with Indigenous partners in 2025
Formal consultation processes
8 processes
Formal consultations with Indigenous partners
Community events
Over 240 events
Indigenous community events participated in 2025
Communities supported
Over 170 communities and organizations
Indigenous sponsorships and donations

Historical Context

5 past events · Latest: Feb 05
5 events
  1. Feb 05

    Operational performance

    24h Move
    +1.0%

    Second-best January grain movement at over 2.72M metric tonnes.

  2. Feb 04

    Regulatory filing

    24h Move
    +1.0%

    2025 Annual Financial Statements and Form 40-F made available to investors.

  3. Feb 02

    Conference appearance

    24h Move
    -0.6%

    CEO scheduled to speak at Barclays Industrial Select Conference.

  4. Feb 02

    Conference appearance

    24h Move
    -0.6%

    CFO to present at Citi Global Industrial Tech and Mobility Conference.

  5. Jan 30

    Buyback & dividend

    24h Move
    -4.8%

    New issuer bid for up to 24M shares and 3% dividend increase.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MONTREAL, March 04, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today released its Indigenous Reconciliation Action Plan (IRAP) Annual Report, reaffirming its commitment to advancing reconciliation through measurable actions.

“Our progress reflects our commitment to listen, learn and act with transparency and humility. Several milestones marked this year’s success, demonstrating that reconciliation is not a destination but a journey that requires engagement and accountability. While we are proud of the progress we have made, we remain determined to continue to challenge ourselves and remain focused on building stronger relationships with Indigenous communities.”

 -     Tracy Robinson, President and Chief Executive Officer, CN

In 2025, CN delivered on 20 of the 24 actions scheduled for completion under the IRAP, with two rescheduled for 2026 and two targets recalibrated based on lessons learned and economic conditions. CN also completed two actions originally planned for 2026 and 2027 ahead of schedule. These developments underscore that reconciliation is an ongoing journey that requires listening, adaptability, and a commitment to responsibility.

To learn more about the plan and the actions completed read the full 2025 IRAP Annual Report.

Beyond the formal IRAP commitments, CN continued to build relationships and deepen engagement by:

  • Holding more than 500 meetings and consultations with Indigenous partners, including eight formal consultation processes
  • Participating in over 240 Indigenous community events
  • Delivering of more than 15 in-person rail safety and emergency response training sessions
  • Supporting over 170 Indigenous communities and organizations through different sponsorships and donations.

CN’s IRAP reflects its commitment to continuous learning, meaningful action, and lasting progress. It provides a strong foundation for fostering positive and sustainable change, guiding the Company in its continued efforts to support, honor and respect Indigenous communities across its network.

About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.

Contacts: 
 
MediaInvestment Community
Ashley MichnowskiJamie Lockwood
Senior Manager        Vice-President
Media RelationsInvestor Relations & Special Projects
(438) 596-4329(514) 347-8940
media@cn.cainvestor.relations@cn.ca



FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did CN (CNI) report in the 2025 IRAP Annual Report released March 4, 2026?

CN reported completing 20 of 24 IRAP actions in 2025, with two rescheduled and two recalibrated. According to CN, two actions planned later were also completed ahead of schedule, alongside extensive community engagement metrics.

How many Indigenous consultations did CN (CNI) hold in 2025 under the IRAP?

CN held more than 500 meetings and consultations with Indigenous partners in 2025. According to CN, this included eight formal consultation processes and regular engagement to inform IRAP progress.

What community and training support did CN (CNI) provide in 2025 under the IRAP?

CN participated in over 240 community events, delivered 15+ in-person rail safety trainings, and supported 170+ Indigenous communities. According to CN, these activities complemented formal IRAP commitments and relationship-building efforts.

Which IRAP actions were delayed or changed in CN's 2025 report and why?

CN rescheduled two actions to 2026 and recalibrated two targets based on lessons learned and economic conditions. According to CN, these adjustments reflect adaptability and ongoing commitment to measurable reconciliation.

Does CN (CNI) claim any actions were completed ahead of schedule in the 2025 IRAP Annual Report?

Yes. CN completed two actions originally planned for 2026 and 2027 ahead of schedule. According to CN, early completions underscore progress and continued momentum on reconciliation efforts.

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