CANXPORT (formerly Ridley Island Export Logistics Project)

Province: British Columbia

City/Region: Prince Rupert

Image Credit: Prince Rupert Port Authority

88

Project Rank

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Project End: 2026

Project Type: Port

Industry Sector: Transportation

Project Amount: $750 million

Date of Completion: 2026

Funding Source: Public/Private

Federal Funding: $64.8 million

Provincial Funding: $25 million

Private Funding: $660.2 million

Previous Rankings

202588
202478

About The Project

The project will consist of a 108-acre greenfield development on Ridley Island that will commence operation in Q3 2026. Ray-Mont Logistics will develop and operate facilities that provide transloading service capacity for 400,000 TEUs (20-foot equivalent units) for agricultural, forestry, and plastic resin products. Ray-Mont currently operates a successful multi-product transload facility on a temporary Ridley Island location that has proven the export transload concept in Prince Rupert. The project will also include an expansion of the existing Ridley Island Road Rail Utility Corridor that will facilitate unit trains 10,000 feet in length.

Project Owner: Prince Rupert Port Authority

Project/Construction Manager: Site Development Contract: Indigenous JV — Metlakatla First Nation, Lax Kw’alaams Band, Gitxaała Nation and IDL Projects Inc.

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