Construction is well underway on a major logistics project in Prince Rupert, British Columbia, that is set to boost the region’s ability to ship Canadian goods to international markets. The 750 million dollar infrastructure development, known as CANXPORT, is located on Ridley Island and is expected to begin operations in the third quarter of 2026.
The project is receiving support through a 150 million dollar loan from the Canada Infrastructure Bank, marking the organization’s first-ever investment in a Canadian port. The funding aims to help create a new rail-to-container transloading hub that will handle products like agricultural goods, forestry materials, and plastic resins. These goods will then be shipped out through the Prince Rupert Port Authority.
This initiative is designed to address a container imbalance, where imports have historically outnumbered exports. Once complete, the first phase of the facility will provide 400,000 units of annual export transloading capacity, with the potential to expand to 750,000 units in the future. The project is a collaborative effort involving the port authority, Ray-Mont Logistics, CN, the Government of Canada, and the Government of British Columbia.
Beyond increasing trade competitiveness, the project is intended to support Indigenous communities in the region. The port authority, which recently permanently appointed Kurt Slocombe as its new chief executive officer in April 2026, continues to see significant growth. In 2025, the port handled 26.3 million tonnes of cargo, a 14 percent increase over the previous year. The Fairview Container Terminal also saw a 20 percent increase in volume, reaching 885,797 units over the same period.
The construction phase of the project is estimated to employ about 200 people. This expansion remains a key development for the area as the local port continues to function as a major gateway for Pacific trade.
