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 water-related projects are highlighted in the prospectus, including:
Prairie Economic Gateway – Feedermain A Engineering ($525 Million)
Construction of a new feedermain that will service the Shepard Industrial Area and PEG industrial, manufacturing and logistics hub. The PEG development includes a rail served development of approximately 896-hectare of land in Rocky View County, adjacent to the City of Calgary’s eastern limits.
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.
The Port Alberni Transshipment Hub (PATH) ($2.23 Billion)
The Port Alberni Transshipment Hub is a proposed marine logistics facility in British Columbia designed as a hub-and-spoke Pacific gateway for container distribution. Pre-feasibility work for the project has been completed.
Prince Rupert Biofuels Project ($4.00 Billion)
The Prince Rupert Biofuels Project in British Columbia is planned as Western North America’s first waterborne biofuels facility, targeting production of biomethanol, sustainable aviation fuel, green hydrogen, and biogenic CO2. It is currently in the pre-feasibility stage.
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.
