Listen

Description

Canada’s canola farmers are getting a boost to their export options with the opening of a new transload facility at the Port of Vancouver in British Columbia.

Global logistics company DP World has launched its $150 million Canola Oil Transload Facility at its Fraser Surrey terminal, adding one million tonnes of annual export capacity. The facility is designed to speed up and stabilize shipments of Canadian canola oil to global markets.

Despite shifting tariffs and volatile trade conditions, canola oil is among Canada’s most valuable agricultural exports, generating nearly $6 billion in 2024. Since most canola production is concentrated in Alberta, Saskatchewan, and Manitoba, efficient rail-to-port connections are critical to getting the product to international markets.