Wednesday, September 16, 2026
With global institutional investors gathered in Toronto for the Canada Investment Summit, Prime Minister Mark Carney and leaders from Canada’s top pension funds pitched a massive $1-trillion infrastructure agenda, that included a prospectus – published by the federal government – of 167 major investment-ready projects valued at an estimated $327 billion.
The document spans eight sectors:
- Conventional Energy (11 projects)
- Clean Energy (31)
- Minerals and Metals (57)
- Marine and Port Infrastructure (19)
- Power and Utilities (11)
- Digital Technology (10)
- Advanced Manufacturing (19)
- Transportation (9)
A number of infrastructure projects in the energy, port and transportation sectors are highlighted in the prospectus, including:
Grays Bay Road and Port – Major Works ($1 Billion)
The Grays Bay Road and Port Project is a proposed deep-water port, aerodrome, and all-season road in the Kitikmeot Region of Nunavut. The port and aerodrome would be located at Grays Bay on the Coronation Gulf along the Northwest Passage, with marine operations during the open-water season from approximately June to October.
Port Infrastructure Modernization Project ($1.67 Billion)
The Port Infrastructure Modernization Project is an initiative to rehabilitate and optimize port assets, intermodal operations, and deep-water docks at the Port of Québec. It is currently in advanced planning and early execution.
Port of Churchill Plus ($76.95 Billion)
The Port of Churchill Plus is a major infrastructure initiative designed to transform Manitoba’s Port of Churchill into a four-season trade gateway through an LNG export corridor, rail upgrades, port modernization, and new all-weather road access. The project is advancing through ongoing expansion, engineering, and feasibility activities.
Wind West Energy Project ($60 Billion)
This project would leverage over 60 GWs of wind power potential in Nova Scotia, and more across Atlantic Canada, connecting that renewable, emissions-free energy to Eastern and Atlantic Canada to meet rapidly growing demand.
Mactaquac Life Achievement Project – Generating Station Upgrades ($9 Billion)
Upgrades and repairs to the 600-MW power generation station to ensure that it will be able to operate to its intended 100-year lifespan until 2068 through equipment maintenance and replacement. The scope of the project includes the replacement of six turbines in the powerhouse and an expense of $100-million for upgrades for the fish passage.
Kivalliq Hydro-Fibre Link Construction ($3.2 Billion)
Proposed construction of a new 1,200-kilometre, 150-megawatt transmission line to Nunavut from Manitoba. The project would bring renewable, sustainable and reliable hydroelectricity to modernize electricity systems and potentially reduce reliance on diesel power generation in the area. Fibreoptic cabling is also included in the project.
New Nuclear Energy Generation at Wesleyville Site ($500 Million)
Construction of a new nuclear energy generation at their Wesleyville site to meet rising energy demands in Ontario, set to increase by 75 per cent by 2050. This site, which is near transmission, road and railway infrastructure, could host up to 10,000 megawatts of new nuclear generation.
Edmonton-Calgary TransPod Project ($22.5 Billion)
Proposed construction of a new 1,000-km TransPod Line between Edmonton and Calgary. The hyperloop line will carry passengers and cargo at 600 km/h and will be fossil-fuel-free and fully electric.
Prairie Line High-Speed Rail ($9 Billion)
Construction of a high-speed rail connecting Edmonton, Red Deer, and Calgary. Scope of work will include connections to two international airports and a station in Red Deer. Project is on hold while the Alberta Government completes a province-wide passenger rail study.
MacKay Bridge – Suspended Spans Deck Panels Replacement ($5.4 Million)
This project includes the MacKay Bridge suspended spans deck resurfacing, orthotropic steel plate deck fabrication and panel replacement at H3 and M21.
Featured image: Port of Churchill. (Arctic Gateway Group)
