The Canada Infrastructure Bank (CIB) has provided Cando Rail & Terminals a USD 100 million loan to expand its state-of-the-art rail-centric supply chain hub in Western Canada.
The loan will support critical first mile, last mile rail infrastructure in Alberta’s Industrial Heartland at Sturgeon Terminal, which is currently expanded. Construction of the terminal is underway, with operations expected to begin in late 2026.
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 expands supply chain capacity well into the future,” said Ehren Cory, CEO of CIB.
The project will increase needed trade and transport supply chain capacity for industrial production centres.
With this loan, Cando Rail & Terminals will double the capacity of its Sturgeon Terminal, which serves as a multi-purpose rail hub operating in Alberta’s Industrial Heartland. The facility, currently operating at capacity, provides storage and staging, haulage and transloading services which supports 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 to arrive and depart unit trains with Class 1 railways. It 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.
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 and it is also expected to contribute USD 22.3 million annually to the region’s GDP.
“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,” Brian Cornick, CEO of Cando Rail & Terminals said.
Strategically located along the CN Railway network, the Sturgeon Terminal provides crucial first mile, last mile rail infrastructure and services to some of Canada’s largest industrial producers, ultimately supporting the transportation of goods to the Ports of Prince Rupert and Vancouver as well as other destinations within Canada and North America.
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