10:52 AM EST, 11/26/2024 (MT Newswires) -- CN (CNR.TO) on Tuesday released its Indigenous Reconciliation Action Plan (IRAP), which it says was developed and shaped by the feedback received from Indigenous communities and CN employees that engage with these communities.

The plan outlines "concrete steps, measurable commitments, and a clear vision to guide CN" on its reconciliation journey over the next three years, in Canada, the company said.

"Our Indigenous Reconciliation Action Plan is a major milestone on CN's path toward reconciliation with Indigenous communities," said Olivier Chouc, SVP and chief legal officer. "As a company, we are committed to driving meaningful change and ensuring that our efforts have a lasting, positive impact. This is about more than a plan-it's about deepening relationships, fostering collaboration, and building a better future together."

Last December, all 12 members of the CN Indigenous Advisory Council resigned. According to a CBC News report, the council said CN had "missed the mark" on reconciliation.

CN last seen down $2.69, to $153.60, on the Toronto Stock Exchange.

Price: 153.63, Change: -2.66, Percent Change: -1.70