11:33 AM EDT, 03/24/2026 (MT Newswires) -- CPKC (CP.TO) earlier this month said it certified 14 new "site ready" locations across North America, notes RBC Capital Markets. The new industrial development locations are situated in six U.S. states, three provinces in Canada and two states in Mexico.

Analysts Walter Spracklin and James McGarragle highlight that the locations opens more than 6,600 acres of immediately developable land to prospective manufacturers, logistics operators and supply chain partners.

"We have seen CPKC execute on this strategy very successfully in the past and point to past wins at Coquitlam as an example of what the site development at any one of these 14 sites could be," they write.

Management also noted the locations have pre-approved rail designs, environmental and infrastructure diligence completed, which RBC believe will increase the speed of potential development and helps de-risk shippers' investment decisions.

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