Alberta & Prairies
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CIB Loans Cando $100M for Sturgeon Terminal Expansion Project
The Canada Infrastructure Bank (CIB) is lending $100 million to Cando Rail & Terminals to expand its Sturgeon Terminal in Alberta’s Industrial Heartland, located in the Edmonton region.
The project will double the hub’s capacity with 3,700 new railcar storage and staging spaces, including 1,100 for unit trains. Once complete in late 2026, it is expected to add up to 50 local jobs and contribute more than $22 million annually to the region’s GDP.
Cando, a major operator of first mile and last mile rail infrastructure, says the expanded terminal will strengthen Western Canada’s supply chain and improve market access through connections to CN’s network and the ports of Prince Rupert, B.C., and Vancouver.
Pictured: Existing Sturgeon Terminal in the Edmonton region.
Photo: CNW Group/CIB
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