Canadian National Railway Company (CNR) is engaged in the rail and related transportation business. The Company manages its rail operations in Canada and the United States. CNR’s network of approximately 20,600 route miles spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans and Mobile (Alabama). Its network also inlcudes metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth (Minnesota)/Superior (Wisconsin), Green Bay (Wisconsin), Minneapolis/St. Paul, Memphis and Jackson (Mississippi), with connections to all points in North America. In March 2010, the Company entered into an agreement with Metrolinx to sell a portion of the property, the Oakville subdivision, in Toronto, Ontario, together with the rail fixtures and certain passenger agreements (the Rail Property).