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RBC Takeaways from Port of Prince Rupert Tour -- Implications For CN Rail
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RBC Takeaways from Port of Prince Rupert Tour -- Implications For CN Rail
Jun 10, 2025 9:54 AM

12:38 PM EDT, 06/10/2025 (MT Newswires) -- RBC toured the port of Prince Rupert last week. The analysts departed believing that Prince Rupert (and therefore CN Rail) is on the verge of "meaningful growth" in the region, driven by a mix of existing opportunities and (near-term) future growth potential.

RBC first toured Prince Rupert in 2007, then again in 2017. The most recent tour last week has been beneficial in seeing Price Rupert's development into Canada's third largest port, it added.

Key is that Prince Rupert is now big enough to move the dial for CN (10% of revenue) and is forecasted by management to grow at double digit volume growth for many years to come. Investor feedback (from investors that did not attend) has also been notable, RBC said.

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