Core Insights - The Canada Infrastructure Bank (CIB) has finalized a C$100 million ($72.3 million) loan to Cando Rail & Terminals to expand rail capacity at the Sturgeon Terminal in Alberta [1][2] - The expansion will enhance supply chain capacity for industrial production centers in Western Canada, with operations expected to commence in late 2026 [3][5] - The new terminal will create up to 3,700 additional railcar storage and staging spaces, supporting local businesses and fostering trade opportunities [4][5] Company Insights - Cando Rail & Terminals operates the Sturgeon Terminal, which currently functions at full capacity and serves as a multi-purpose rail hub in Alberta's Industrial Heartland [1][2] - The terminal's expansion is expected to generate approximately 50 full-time jobs, adding to the existing 60 jobs supported by the current terminal [5][6] - Cando's investment, along with CIB financing, aims to increase market access for industrial facilities in the region, enhancing competitiveness for petrochemical and heavy industrial investments [6] Industry Insights - The CIB's funding falls under the Trade and Transportation sector, facilitating the development of a new terminal that will improve the movement of goods to key ports like Prince Rupert and Vancouver [2][5] - In 2022, TorQuest Partners and Alberta Investment Management Corporation (AIMCo) acquired a 100% equity holding in Cando Rail & Terminals, indicating strong investor interest in the rail sector [6] - CN announced plans to invest C$2.1 billion ($1.51 billion) in rail infrastructure across Canada, focusing on capacity improvement and sustainable growth [7]