Canadian National Railway will be front and centre Friday as Kamloops Chamber of Commerce hosts a luncheon with the company’s executive vice-president of corporate services as guest speaker.
Sean Finn was has held a variety of roles with CN since joining its ranks in 1994, most recently serving as chief legal officer as well VP corporate services. He was named tax lawyer of the year by his peers in year 2000.
CN is the largest railway in Canada with 23,000 employees and 31,000 km of track. The Montreal headquartered firm marks its centennial in 2019. Microsoft mogul Bill Gates was listed as the largest single shareholder, having steadily increased his stake over the years to about 14 percent last year.
That doesn’t mean business, much of it linked to commodities in Western Canada, is booming. Both of Canada’s major railways have been cutting costs and announcing layoffs due to falling rates for freight in 2016. Last month, CN laid off 1,200 employees and idled 20 percent of its locomotive fleet. Wildfires in Alberta have added to the challenges, biting into the crude-by-rail market.
The chamber luncheon takes place at Hotel 540 with registration and networking beginning at 11:30 a.m.