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9/11/2025
The Canadian Infrastructure Bank (CIB) has reached financial closure on a C$100 million load to Cando Rail & Terminals for the expansion of its Sturgeon Terminal in Alberta.
The multipurpose rail hub is operating at capacity, CIB officials said in a press release. The facility provides storage, staging, haulage and transloading services, and is located on CN's network.
The expansion will add up to 3,700 rail-car storage and staging spaces, including up to 1,100 spaces to receive and depart unit trains with Class Is. Construction is underway, with operations expected to begin in late 2026.
"Western Canada is key to become an energy, natural resources and trade superpower," said Tim Hodgson, minister of energy and natural resources. "The new federal government is focused on getting Canadian goods to market, and through the CIB's C$100 million investment in the Sturgeon Terminal, Cando Rail will be able to catalyze new productivity and further strengthen supply chains."