Cando Rail Expands Sturgeon Terminal, Alberta: USD 100M Funding

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Introduction

The Canada Infrastructure Bank (CIB) has provided a USD 100 million loan to Cando Rail & Terminals to expand its rail-centric supply chain hub, the Sturgeon Terminal, in Alberta’s Industrial Heartland. Construction is currently underway, with operations scheduled to commence in late 2026.

Project Funding and Scope

The USD 100 million loan from CIB will fund the expansion of the Sturgeon Terminal. The project focuses on enhancing the first and last-mile rail infrastructure within Alberta’s Industrial Heartland. This expansion aims to increase trade and transport supply chain capacity for industrial production centers.

Capacity and Operational Details

The expansion will allow Cando Rail & Terminals to double the capacity of the Sturgeon Terminal, a multi-purpose rail hub. The existing facility provides storage, staging, haulage, and transloading services. 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 with Class 1 railways.

Economic and Employment Impact

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 project is expected to contribute USD 22.3 million annually to the region’s GDP. This expansion aims to provide Alberta businesses with enhanced access to global markets, fostering economic growth and competitiveness.

Strategic Location and Network Connectivity

The Sturgeon Terminal is strategically located along the CN Railway network. It provides first and last-mile rail infrastructure and services to major industrial producers. The terminal supports the transportation of goods to the Ports of Prince Rupert and Vancouver, as well as other destinations across Canada and North America.

Conclusion

Cando Rail & Terminals is expanding the Sturgeon Terminal in Alberta with a USD 100 million loan from the Canada Infrastructure Bank. The expansion will double the terminal’s capacity, create new jobs, and support the transport of goods to global markets.

Company Summary

Canada Infrastructure Bank (CIB): Provided a USD 100 million loan for the Sturgeon Terminal expansion.

Cando Rail & Terminals: The recipient of a USD 100 million loan to expand its Sturgeon Terminal in Alberta. Operates a multi-purpose rail hub.

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