The Investment Opportunity



Port of Churchill Plus is an Indigenous-led Arctic energy and trade corridor designed to unlock long-term private investment in strategic infrastructure. The project includes:

  • A proposed new energy corridor and 18 million tonnes per annum facility with port upgrades and expanded marine capacity;
  • Upgrades to the Hudson Bay Railway to Class 1 capability;
  • All-weather access road connections that strengthen access to Churchill, northern communities and resource development regions; and
  • Year-round shipping capacity supported by icebreaking and ice-management services to extend operating windows, strengthen Arctic access and improve supply chain reliability.

The project is positioned as an opportunity for private sector investors and proponents seeking exposure to energy transition infrastructure, export capacity, minerals logistics, Arctic marine access, northern resupply, national security-aligned infrastructure, resilient supply chains and Indigenous economic participation.

Why is it different?

Unlike a stand-alone greenfield development, Port of Churchill Plus builds from operating northern assets and established infrastructure, including an Arctic deepwater port, an existing rail corridor, marine tank farm assets, deep-sea berths, cargo-handling systems, storage facilities, town infrastructure, fibre optics, clean Manitoba hydro power and an airport with a 9,200-foot paved runway.

 

 

Investment Highlights and Potential Return

Port of Churchill Plus is an energy transition platform with an estimated long-term capital opportunity of up to $80 billion CAD and a preliminary Internal Rate of Return (IRR) of 12 per cent. The project is operational and advancing through expansion, planning, engineering and feasibility activities.

A near-term $5.5 billion CAD staged investment package would support pipeline studies, icebreaking capacity for year-round shipping, Hudson Bay Railway and Port of Churchill upgrades, and an all-season road connection to Churchill. Funding would be milestone-based and tied to engineering, regulatory, Indigenous partnership, commercial and construction progress.

Investors may access commercial returns through infrastructure participation, throughput, logistics, energy corridor development, offtake-linked partnerships and corridor growth, with strategic value from Arctic gateway access, supply chain resilience, trade diversification, Indigenous partnership, ESG alignment and enhanced Arctic presence.

 

For Investors and Major Proponents

Manitoba Crown-Indigenous Corporation (MCIC) and Arctic Gateway Group (AGG) are seeking to engage private sector investors, infrastructure funds, pension funds, sovereign wealth funds, lenders, insurers, export credit agencies, energy companies, proponents, pipeline developers, rail and port operators, logistics companies, engineering and construction firms, Indigenous economic development entities, commodity producers, traders and strategic international partners.

Qualified investors and proponents are invited to explore confidential discussions on capital participation, project development, commercial partnerships, offtake opportunities, logistics services, operations, engineering, construction, technology solutions, supply chain visibility, northern workforce development, Indigenous procurement and long-term corridor performance.

 

 

Ideal Partner Profile

The project is best suited to investors and proponents with long-term investment horizons and proven experience in major transportation and energy infrastructure, including rail, ports, pipelines, export facilities, critical minerals supply chains, remote or northern project delivery, Indigenous partnership models, ESG-aligned investment and large-scale infrastructure finance.