Grand Opening Of $750m Canxport Logistics Hub A Triumph For Canadian Trade

Canadian National Railway (CN), Ray-Mont Logistics, and the Prince Rupert Port Authority (PRPA) inaugurated the CANXPORT export logistics facility in Prince Rupert, Canada. With a $750 million investment, CANXPORT aims to boost Western Canada's trade corridor and create thousands of jobs. The facility will enhance rail-to-container transloading at the Port of Prince Rupert, catering to petrochemical, forestry, agriculture, and mining sectors.

CN contributed to the project through infrastructure improvements, such as the Zanardi Rapids Bridge expansion. Indigenous partners played a significant role in the development and operation of CANXPORT, including Metlakatla First Nation, Lax Kw’alaams Band, Gitxaala Nation, and IDL Projects Inc. The project was supported by a $150 million loan from the Canada Infrastructure Bank, Transport Canada's National Trade Corridors Fund, and the Province of British Columbia's Stronger BC program.

PRPA's President and CEO, Kurt Slocombe, emphasized the facility's role in expanding global trade opportunities for Canadian exporters. Ray-Mont Logistics' CEO, Charles Raymond, highlighted the company's commitment to Canadian innovation and economic growth. CN's President and CEO, Tracy Robinson, praised the project's impact on the Port of Prince Rupert's competitiveness.

Dow expressed its confidence in the region's long-term strength. Indigenous leaders, such as Chief Robert Nelson of Metlakatla First Nation and Luugagwelks of Gitxaała Nation, emphasized the importance of Indigenous partnerships in the project's success. The Honourable Steven MacKinnon, Minister of Transport, and Mike Farnworth, B.C.

Minister of Transportation and Transit, underscored the project's significance for British Columbia's trade future and economic growth. The Canada Infrastructure Bank's CEO, Ehren Cory, highlighted the bank's role in enabling the project's expansion of trade capacity.