of Prince Rupert integrated intermodal ecosystem, CANXPORT will help minimize environmental impacts by significantly reducing greenhouse gas emissions generated by truck drayage operations.” Beyond efficiency gains, geography is an advantage. “This careful and deliberate design builds on the Port of Prince Rupert’s many natural advantages. As North America’s closest trade gateway to Asia, Prince Rupert provides safe and efficient access from transpacific trade routes through open and deep approaches. This helps significantly reduce pilotage times and shaves days off transportation of cargo to-and-from locations across western and central Canada and the US Midwest via CN’s continent-wide network.” INVESTMENT AND PARTNERSHIPS The financing model behind CANXPORT reflects strong collaboration across governments and industry. “Canada Infrastructure Bank, in its first port investment, provided a $150 million loan to the Prince Rupert Port Authority for the first phase of CANXPORT’s development,” Bamford says. “The Government of Canada and the Government of BC are also financial contributors to the project 61 NOV 2025 | BUSINESS ELITE CANADA
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