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Canada Infrastructure Bank Provides $100 Million Loan to Cando Rail & Terminals for Alberta Terminal Expansion

Last Updated on Sep 19, 2025, 05:02 PM IST
Canada Infrastructure Bank Provides $100 Million Loan to Cando Rail & Terminals for Alberta Terminal Expansion

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The Canada Infrastructure Bank (CIB) has granted Cando Rail & Terminals a USD 100 million loan to grow its rail-focused supply chain hub in Western Canada. The loan will fund essential first- and last-mile rail infrastructure in Alberta's Industrial Heartland at Sturgeon Terminal, which is currently undergoing expansion. Construction on the terminal is underway, with operations expected to begin in late 2026.

The project will double the capacity of Cando Rail & Terminals' Sturgeon Terminal, which serves as a multi-purpose rail hub operating in Alberta's Industrial Heartland.

Terminal Capacity and Infrastructure Development

The facility is currently operating at capacity and provides storage and staging, haulage, and transloading services, which support the transport of Canadian-made goods for export east and west and onward to global markets. The new Sturgeon West Terminal will add up to 3,700 new railcar storage and staging spaces, including up to 1,100 spaces for unit trains to arrive and depart with Class 1 railways.

The expanded terminal will support the movement of goods for Alberta businesses, driving trade and economic growth opportunities for the region and across Canada, including commodities and manufactured goods. The project will increase needed trade and transport supply chain capacity for industrial production centres.

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Economic Impact and Job Creation

Cando anticipates the new west terminal will create up to 50 new full-time local jobs once operational, adding to the 60 jobs already supported by the existing terminal. The expansion is also expected to contribute USD 22.3 million annually to the region's GDP. "Expansion of the Sturgeon Terminal opens up more opportunities for Alberta businesses to connect their products to global markets.

Building this infrastructure will create local jobs, help keep the Western Canadian economy competitive, and expand supply chain capacity well into the future," said Ehren Cory, CEO of CIB.

Strategic Location and Transportation Network

Strategically located along the CN Railway network, the Sturgeon Terminal provides crucial first-mile and last-mile rail infrastructure and services to some of Canada's largest industrial producers. The terminal ultimately supports the transportation of goods to the Ports of Prince Rupert and Vancouver, as well as other destinations within Canada and North America.

"As Cando Rail & Terminals works to expand capacity at our rail terminal in Alberta's Industrial Heartland, support from partners such as the Canada Infrastructure Bank enables us to provide access to increased transportation and logistics solutions to our customers at an accelerated pace," said Brian Cornick, CEO of Cando Rail & Terminals.

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