Canpotex cancels plans for new terminal

Canpotex Ltd. announced June 17 that its board of directors has decided not to proceed with construction of a new export terminal at the Port of Prince Rupert in British Columbia.

The decision was based on economic and commercial considerations. The organization said that it has highly efficient export terminals in Vancouver, Saint John and Portland, and has determined it has sufficient port access and terminal capacity options to meet its needs.

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