Grand Opening of $750M CANXPORT Logistics Hub a Triumph for Canadian Trade

PRINCE RUPERT, BC, Aug. 28, 2026 /PRNewswire/ -- Ray-Mont Logistics, Canadian National Railway (CN), and the Prince Rupert Port Authority (PRPA) announce the grand opening of CANXPORT, an innovative $750 million export logistics facility at the Port of Prince Rupert that is growing markets for Canadian exporters while supporting thousands of Canadian jobs.

CANXPORT, operated by Montreal-based Ray-Mont Logistics, will unlock global customers for Western Canada's trade corridor. CANXPORT provides expanded capacity for rail-to-container transloading of multiple export products at the Port of Prince Rupert, including from the petrochemical, forestry, agriculture and mining sectors.

CN is proud to support Canadian trade and the operations at CANXPORT with its investment to expand the Zanardi Rapids Bridge, increase the rail corridor capacity, and enhance the port's intermodal ecosystem.

Indigenous partners are actively involved in the development and operation of CANXPORT. PRPA awarded the primary contract to develop the site to an Indigenous joint venture that includes Metlakatla First Nation, Lax Kw'alaams Band, Gitxaala Nation and IDL Projects Inc. Metlakatla and Lax Kw'alaams are also majority owners of Gat Leedm Logistics, which is the main provider of truck drayage services at the Port of Prince Rupert.

The development of CANXPORT was supported by a $150 million loan from the Canada Infrastructure Bank (CIB), representing the CIB's first-ever investment in a port project, in recognition of the project's long-term economic benefits and importance for growing global trade. Transport Canada's National Trade Corridors Fund contributed nearly $50 million and the Province's Stronger BC program provided $25 million toward the project. As North America's closest West Coast port to Asia, the Port of Prince Rupert is uniquely positioned to support Canada's trade diversification strategy and generate prosperity to strengthen communities across the country.

PARTNER QUOTES

"CANXPORT is an investment in Canada's trade future, creating jobs, expanding export capacity, and connecting Canadian products to global markets. This facility strengthens the Port of Prince Rupert as a world-class gateway while creating lasting economic opportunities for communities across Canada."
- Kurt Slocombe, President and CEO, Prince Rupert Port Authority

"As a Canadian company, Ray-Mont Logistics is proud to invest in Prince Rupert and deliver a made-in-Canada solution that supports Canadian exporters and businesses. CANXPORT will lead the way in creating economic opportunities across the country and demonstrating what Canadian innovation can achieve on the global stage."
- Charles Raymond, President and CEO, Ray-Mont Logistics

"CANXPORT is a part of the momentum building at Prince Rupert, creating new opportunities and connecting Canadian trade with global markets more efficiently. CN's investments in Prince Rupert, including the Zanardi Rapids Bridge Project, expand capacity and enhance the competitiveness of this important gateway."
- Tracy Robinson, President and Chief Executive Officer, CN

"Dow is pleased to see this transformational investment, which reinforces our confidence in the long-term strength and competitiveness of the region. The Port of Prince Rupert has been an exceptional partner, and this strategic investment further strengthens current and future port utilization and efficiency, helping companies that rely on the region's infrastructure to serve global markets."
- Skya Kruithof, President, Dow Canada

"CANXPORT is a powerful example of what can be achieved when Indigenous Nations are active partners in economic development. The Metlakatla First Nation played a direct role in bringing this facility to life by leading its construction together with our joint venture partners. Our vision, leadership and unwavering commitment to building a stronger economic future for our Nation and the region is bolstered by our businesses like Gat Leedm Logistics and the South Kaien Logistics Park that support the Prince Rupert Gateway."
- Chief Robert Nelson, Metlakatla First Nation

"The opening of CANXPORT is an important milestone for the region and demonstrates the value of First Nations participation in major projects. Gitxaała Nation is pleased to have been involved in the development of this project and to see investment in the Port of Prince Rupert creating employment, business opportunities and long-term economic benefits for our people and the region."
- Luugagwelks, Elected Chief Councillor Linda Innes, Gitxaała Nation

 "Canada's prosperity depends on our ability to get Canadian products to global markets quickly and reliably. CANXPORT will help our exporters reach more customers, strengthen our supply chains and create good jobs here at home. By expanding Canada's trade capacity and opening new opportunities in fast-growing international markets, we are building a stronger, more resilient economy that delivers greater prosperity for communities across the country."
- The Honourable Steven MacKinnon
Minister of Transport and Leader of the Government in the House of Commons

"The opening of CANXPORT is a major step forward for British Columbia's trade future. By expanding export capacity at the Port of Prince Rupert, this project supports B.C.'s Look West strategy to diversify trade, grow exports to non-U.S. markets, and strengthen Canada's trade corridors. It also demonstrates the value of strong partnerships between Indigenous Nations, industry, and governments in building infrastructure that creates jobs and benefits communities."
- Mike Farnworth, B.C. Minister of Transportation and Transit

 "The opening of CANXPORT reflects the power of partnerships. The CIB's $150 million investment enabled new trade capacity, created long-term jobs for Indigenous and local communities and strengthens Canada's ability to compete in global markets. By improving the movement of goods, CANXPORT will support economic growth and productivity for years to come."
- Ehren Cory, CEO, Canada Infrastructure Bank

KEY FACTS

• CANXPORT is the first in a series of major projects to come online at the Port of Prince Rupert as part of a $3 billion expansion to grow the Gateway.
• CANXPORT contributes up to 400,000 twenty-foot equivalent units (TEUs) of rail-to-container transloading capacity to the Port annually, with the ability to increase capacity to 750,000 TEUs for bulk and breakbulk commodities in the future.
• The Port of Prince Rupert is the third-largest port in Canada with the deepest natural harbour in North America and shipped $8.1 billion of Canada's exports in 2025. 
• In 2025, the Port of Prince Rupert handled 26.3 million tonnes of cargo, a 14% increase over 2024.
• The Port of Prince Rupert currently supports approximately 7,940 full-time jobs across BC, representing $690 million in annual wages, and contributes $1.5 billion to Canada's GDP.

CANXPORT Media Kit

ABOUT THE PRINCE RUPERT PORT AUTHORITY

The Prince Rupert Port Authority manages the Port of Prince Rupert, Canada's northernmost trade gateway on the west coast. The Port of Prince Rupert anchors one of the fastest and most reliable supply chains between North America and Asia, providing vital infrastructure to support shippers and industries as they move their goods and resources to market. The Port of Prince Rupert handles $8.1 billion in Canadian exports and $32.1 billion in imports, supports approximately 7,940 full-time jobs throughout BC, representing $690 million in annual wages, and contributes $1.5 billion to Canada's GDP.

SOURCE Prince Rupert Port Authority