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Prairie Economic Gateway

Sector(s)
Trade & Transportation
Location(s)
Greater Calgary Area, Alberta
Participation
Memorandum of Understanding
Partner(s)
City of Calgary, Rocky View County

Creating jobs, increasing productivity, and attracting private investment to Canada

Prairie Economic Gateway involves a proposed large-scale inland port development

Fast facts

Inland port would use the region’s existing Canadian Pacific Kansas City rail network
Enables greater interprovincial trade and access to global markets
Unlocks new opportunities in manufacturing, logistics, processing and distribution
Improves supply chain efficiency and reduces reliance on seaports

The City of Calgary and Rocky View County are working with the CIB to advance development of the Prairie Economic Gateway. The core feature of the Gateway will be a multi-use industrial park with direct rail access. This access will provide a westward link to Canada’s leading maritime terminal and an eastward link through the Canadian Prairies and into the rest of the continent. 

The City of Calgary and Rocky View County have already completed initial assessments to determine the financial and technical feasibility of the project. By collaborating with the CIB, the working group will complete additional due diligence of the technical and financial feasibility of the project.

As an advisor, our team of experts will conduct analysis, review the project’s estimated costs and revenues, explore financing options, assess environmental, social and economic benefits. 

The Calgary region is Canada’s fastest-growing metropolitan area and Prairie Economic Gateway highlights the importance of investing in essential infrastructure to meet the related demand.

Benefits of the CIB’s involvement

Our team engages and builds relationships with all levels of government, Indigenous communities and private and institutional investors. Our unique position allows us to conduct market analysis and provide specialized commercial and investment expertise. This includes innovative financial modelling, project structuring and procurement options to support project sponsors.

Learn more

red freight train on heavy rail tracks travelling through the prairies
large logistics warehouses with loading and unloading bays
empty heavy rail tracks in the prairies
City of Calgary

The Calgary Region received another signal of investor confidence with the Canada Infrastructure Bank signing a memorandum of understanding with The City of Calgary and Rocky View County to advance work on Prairie Economic Gateway. This transformative initiative will strengthen our position as a leading inland port, modernize our trade and transportation networks, and create access to new markets.

Mayor Jyoti Gondek
Rocky View County

The Prairie Economic Gateway is a leading example of regional collaboration, unlocking economic opportunities for local industry and investors. In partnership with the City of Calgary, this initiative focuses on removing impediments to growth by coordinating infrastructure development, expanding markets and diversifying the regional economy. Partnering with the Canada Infrastructure Bank further enhances our shared commitment to coordinated and strategic growth that positions our region for long-term success in both national and global markets.

Reeve Crystal Kissel