It has been 30 years since Canadian National was privatized, and Wall Street continues to profit at Canada’s expense

Immediately following privatization, CN began prioritizing its new shareholders—within less than a year, CN initiated its first dividend payout in 1996, delivering $99 million to shareholders. Since then, dividend growth has been explosive, with increases of between 10 and 30 per cent year-over-year every year from 1997 to 2019, with the exception of a seven per cent increase in 2010.