FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

For the month of January, 2007

Commission File Number: 001-02413

Canadian National Railway Company
(Translation of registrant’s name into English)

935 de la Gauchetiere Street West
Montreal, Quebec
Canada H3B 2M9

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F           Form 40-F    X  

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes           No    X  

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes           No    X  

Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes           No    X  

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A









Canadian National Railway Company

Table of Contents

 

Item 1 Press Release dated January 23, 2007, titled “CN announces 29 per cent increase in quarterly cash dividend”.






Item 1

 


  News
North America’s Railroad   FOR IMMEDIATE RELEASE

 

Stock symbols: TSX: CNR / NYSE: CNI


www.cn.ca

CN announces 29 per cent increase in quarterly cash dividend

MONTREAL, Jan. 23, 2007 — CN announced today that its Board of Directors has approved a 29 per cent increase in the company’s quarterly cash dividend.

A quarterly cash dividend of 21 cents (C$0.21) per common share will be paid on March 30, 2007, to shareholders of record at the close of business on March 9, 2007.

Including today’s announcement, CN has increased its cash dividend 11 consecutive times since the company’s initial public offering of shares in 1995, for an average annual increase of 18 per cent.

CN – Canadian National Railway Company – spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key cities of Toronto, Buffalo, Chicago, Detroit, Duluth, Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, St. Louis, and Jackson, Miss., with connections to all points in North America.

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Media
Mark Hallman
(905) 669-3384

 

Investment Community
Robert Noorigian
(514) 399-0052







SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

    Canadian National Railway Company  
         
Date: January 24, 2007 By:  /s/ Cristina Circelli
     
      Name: Cristina Circelli
      Title: Deputy Corporate Secretary and
General Counsel