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2024
Annual
Report

VIGOROUS TRADE.
THRIVING COMMUNITIES.
SUSTAINABLE DEVELOPMENT.

We are honoured to operate on the lands and waters of the Sm’algyax speaking and Ts’msyen people. Working with Indigenous communities to develop meaningful relationships, we are taking steps to ensure our joint values are reflected in a shared vision for the future.

Overall cargo volumes remained stagnant at the Prince Rupert Gateway in 2024, reflecting a one percent decline compared to 2023. The results underscore the value of further diversifying the supply chains we anchor and the importance of the major projects underway to help regain and grow volumes. 

Beyond terminal operations, 2024 marked an historic chapter for the Prince Rupert Gateway’s new era of expansion. The Prince Rupert Port Authority’s (PRPA) mandate has never been clearer or more relevant to our nation’s economic security: we are building a better Canada by growing trade. As we navigate uncharted waters in geopolitical conflicts and global trade, years of strategic planning and development are culminating in the largest expansion phase in the Port of Prince Rupert’s history, with $3 billion in capital investment being activated to build new infrastructure that supports greater trade diversification, market access, and supply chain efficiency.  

Two pivotal projects advanced in 2024 that are critical to shaping the next decades of innovation at our Port and solidifying Canada’s role in global energy security. Major progress was made on PRPA’s CANXPORT project; the 400,000 TEU export container transload complex will unlock new opportunities for Western Canadian exporters to reach global markets and support a greater balance of containerized trade through DP World’s Fairview Container Terminal. The $750 million large-scale rail-to-container transloading and logistics project is a partnership with Raymont Logistics and it received support through a $150 million loan from the Canada Infrastructure Bank in May 2024 – the organization’s first ever investment into a Canadian Port.  

The Ridley Energy Export Facility (REEF), a joint venture between AltaGas and Vopak, reached its Final Investment Decision in May 2024, launching major construction works. The $1.35 billion terminal will provide 7 million tonnes in new liquid bulk terminal capacity at the Prince Rupert Gateway for cargoes such as propane, methane, and butane and builds on the proven success of AltaGas’ Ridley Island Propane Export Terminal (RIPET).  The Port of Prince Rupert currently provides 13 percent of South Korea and nearly 25 percent of Japan’s total liquified petroleum gas (LPG) imports. REEF will offer even greater tidewater access for Canadian energy producers and help support further trade in Asia by more than tripling the Port’s current LPG export capacity in its first phase.  

Amid the unprecedented development, we also made strides in environmental leadership and stewardship, advancing several key initiatives and collaborations aimed at reducing the impacts of port activity. PRPA launched a Renewable Diesel Initiative in 2024, securing a supply of a lower-emission alternative to petroleum diesel that was used by most Gateway partners. Additionally, we collaborated with the Government of BC’s Integrated Marketplace initiative and Gat Leedm Logistics on a new testbed for zero and low-emission heavy duty trucks. The pilot project is helping inform which types of vehicles are best suited for gateway operations and other similar industries across the province. Enabling this technology and the broader adoption of a lower-emissions fuel strongly supports our goal of reducing carbon emissions at the Port of Prince Rupert by 30 percent by 2030.  

None of these accomplishments would have been possible without the steadfast commitment, skills, and agility of the gateway workforce. This new chapter of the Port of Prince Rupert’s story is a testament to their innovation and productivity, and we thank everyone for their contributions towards realizing this vision.   

We encourage you to read on for a more detailed review of our 2024 activities.

Shaun Stevenson President & CEO
Peter Lantin Board Chair
Board of Directors
Beverly Clifton Percival Rita Andreone Hilary Cassady
Lee Brain Rod Graham Frans Tjallingii * term ended June 16, 2024 John Farrell *term ended April 30, 2024

Gateway

The Prince Rupert Advantage

Prince Rupert has a magnified impact on global trade for a community of 12,000 people. The reasons for this start with the geography of our harbour and its natural advantages. When connecting North America to the Asia Pacific, no other port can match Prince Rupert.

Perfect position

Prince Rupert is 1-2 days closer to Asia than any other West Coast port. That means less fuel, less risk, and more reliable performance.

Direct Access

Following a shorter transit across the Pacific Ocean, commercial vessels and their cargoes enjoy safe, efficient access to Prince Rupert's world-class terminals.

Room to Grow

Prince Rupert is home to the deepest natural harbour in North America and is among the deepest in the world. It remains ice-free year-round. Combined with direct access to trans-Pacific shipping lanes, we have room to safely manage growth.

Efficient Reach

CN's rail network offers premium reach into North America’s resource economies and consumer markets, while on the flattest available grade through the Rockies.

Building on those advantages, the Port of Prince Rupert and its partners have created a track record of excellence in Trade, Community Impact, Safety, and Sustainability.

Performance

1%

Decline in port-wide volume to 23.1 million tonnes

12%

Increase in total LPG export volumes

23%

Decrease in total coal export volumes

4%

Decrease in wood pellet export volumes

26%

Increase in bulk grain export volumes

5%

Increase in container volume handled at Fairview Terminal

27%

Decrease in cruise passenger volumes over 2023

CANXPORT ramps up

Construction on CANXPORT, formerly the Ridley Island Export Logistics Project, ramped up in Q2 2024 following a $150 million investment by the Canada Infrastructure Bank. The innovative large-scale rail-to-container transloading facility will strengthen intermodal exports for a range of agricultural, forestry, and plastic resin products. In 2024, rock excavation and infilling activities on the 108-acre greenfield site were nearly completed. In the next construction phase, Ray-Mont Logistics is slated to build and operate export logistics facilities with an annual capacity of 400,000 TEUs.

REEF begins major works

The Ridley Island Energy Export Facility (REEF) began construction in summer 2024, following a positive final investment decision from AltaGas and Vopak in May 2024. The $1.35 billion project is developing infrastructure to provide over 7 million tonnes of capacity for a variety of liquid bulk products, such as propane, butane, and methanol. In its first phase, REEF will more than triple current LPG export capacity through the Port of Prince Rupert.

Trigon progresses on second berth

In 2024, Trigon Pacific Terminals made significant progress on construction of its second marine berth, which began in 2023. The Berth Two Beyond Carbon project will add significant vessel berth capacity to the terminal. The marine infrastructure is expected to be completed in 2025. Construction is supported by a $75 million grant from the National Trade Corridors Fund.

Wolverine Terminals begins operations

Wolverine Terminals commenced commercial operations in 2024, debuting marine fuel bunkering service for large vessels at the Port of Prince Rupert. Newly commissioned fuel barges - Wolverine Spirit I and Wolverine Spirit 2 - were delivered in May and began transloading, marine fuel storage, and distribution in September. The new terminal enhances supply chain logistics on the west coast by providing multiple fuel products to meet the growing needs of commercial vessel traffic.

Control Tower Project

PRPA’s Control Tower project is developing a digital twin of the Prince Rupert Gateway by integrating multiple data sources and unifying various monitoring systems. The platform will provide a comprehensive view of the port’s efficiency, allowing for improved optimization of operations, planning, and procurement. This project is part of PRPA’s broader Gateway Data Visualization Initiative which received funding support from the National Trade Corridors Fund in 2024 to advance supply chain digitalization.

Trade

Building Economic Prosperity

Natural attributes paired with industry-leading innovation and efficiency have translated into years of solid performance for Prince Rupert—and the promise for much more in the years to come.

$60 billion

$60 billion in annual trade move through the port *based on 2022 data

$1.4 billion

$1.4 billion in economic activity generated in northern British Columbia

3,300 direct jobs

3,300 direct jobs in port-related businesses

$340 million

$340 million in direct wages

$142 million

$142 million in government revenues, including $12.1 million for local governments in 2023

Increase in energy exports

Demand continued to be strong for western Canadian energy products in 2024, with AltaGas’ Ridley Island Propane Export Terminal shipping a record 2.3 million tonnes of liquified petroleum gas (LPG) in 2024, representing a 15 percent increase year-over-year. Pembina’s Watson Island LPG Bulk Terminal handled 502,800 tonnes. Drax’s Westview Wood Pellet Terminal shipped 1.2 million tonnes of biofuel to markets in Europe and Asia.

Impacts on intermodal volumes

Intermodal volumes at DP World Prince Rupert’s Fairview Container Terminal rose five percent year-over-year, with 739,315 TEUs handled in 2024. Performance was impacted by the realignment of carriers’ transpacific trade routes, two labour disruptions, and the brief suspension of rail service due to wildfires in Jasper, Alberta that temporarily paused terminal operations.

Strengthening cruise tourism

While 2024 cruise passenger volumes dipped 27 percent compared to 2023, Prince Rupert Cruise Port enabled the growth of the local shore excursion sector to secure future calls. 12 new excursions and two new immersive experiences were introduced, including Indigenous-led cultural and culinary activities. Two of the world’s leading cruise lines also announced plans to add Prince Rupert to their itineraries in 2025 and 2026, boosting passenger volumes.

Northern BC Supply Chain Forum

With support from the Government of British Columbia, PRPA led the development of the Northern BC Supply Chain Forum, a working group of key stakeholders and communities along the transportation corridors on Highways 16, 97, and 37 and the CN mainline. The Forum will collaborate to determine and prioritize issues, identify co-benefit opportunities, and develop recommendations related to the regional transportation system. A final report will be presented to the provincial government with recommendations and insights to advance opportunities in the region.

Alberta Industrial Heartland to Prince Rupert Economic Corridor Forum

In June 2024, the Government of Alberta provided a grant to PRPA to coordinate the Alberta Industrial Heartland to Prince Rupert Economic Corridor Forum. This project focuses on the highway and railway corridor between the Industrial Heartland and Prince Rupert, recognizing the Port of Prince Rupert’s importance for the export of Alberta products. The goal is to enable greater tidewater access for a range of energy, forestry, and agricultural products, to diversify and grow Alberta’s trade.

LPG ship naming ceremony

PRPA attended the ship naming ceremony for two new dual-fuel LPG vessels: Boreal Voyager and Boreal Pioneer. Built in Ulsan, South Korea, the AltaGas-owned vessels deliver Canadian LPG from the Port of Prince Rupert to key markets in Asia and enable greater efficiency and resiliency in transpacific energy supply chains. The new ships also support PRPA’s commitment to decarbonizing transpacific shipping lanes.

Safety

Operational Excellence

A coordinated effort between the Prince Rupert Port Authority and its many partners ensures management over every vessel, ensuring round-the-clock safeguards. The result has been the evolution of a global reputation for navigational safety. As the number of vessels calling on the Port continues to grow, maintaining that reputation continues to be a top priority.

502 vessel calls

An increase of 16.8% from 2022

2,014 hours

2,014 hours of coverage by Harbour Patrol vessels

8

8 local mariners equipped with Class B AIS Units in 2024

89

89 local mariners equipped with Class B AIS Units since 2017

4

4 vessel anchor drags in 2024

Promoting marine training opportunities

PRPA’s Gateway Operations team organized the opportunity to host a Small Vessel Machinery Operator course in Prince Rupert in October 2024. The fully accredited course was delivered locally by the BC Institute of Technology and provided students with an introduction to marine engineering. Six PRPA staff members and four people from other local organizations, including members of two local First Nations, participated in the eight-day course. At the end, students completed a written exam in preparation for Transport Canada’s practical exam.

Search and rescue exercises

In March 2024, PRPA’s Harbour Master and Gateway Operations team collaborated with multiple agencies and volunteer-led groups for a comprehensive, port-wide search and rescue training exercise. The day-long drill involved 10 vessels and 55 individuals in various scenarios. PRPA’s harbour patrol vessel, Amwaal, played a central role as the command centre, with two Royal Canadian Marine Search and Rescue volunteers onboard coordinating the operations. This critical training showcased Amwaal’s vital role in supporting emergency response capabilities in Prince Rupert harbour.

Sea survival drills

PRPA’s Gateway Operations and Environmental Sustainability teams practice key sea survival skills as part of their annual training regimen to ensure they are prepared for emergencies on the water. In collaboration with PRPA’s Occupational Health and Safety team, a session was held at Prince Rupert’s Earl Mah Aquatic Centre in November 2024, with Gateway partners SAAM Towage and West Coast Marine Response Corporation invited to participate. In total, 26 trainees practiced launching and getting into a life raft, putting on survival suits, and retrieving a person overboard.

Vessel management improvements

PRPA continued to see the positive impacts of the vessel management measures and protocols put into place in 2021 to address the risks associated with anchor drag incidents. The heavy ballast procedure requiring vessels entering the port fill their cargo holds with ballast water, lowering their hull above the water line has had a significant effect on reducing these types of incidents. In 2024, there were only four anchor drags, down from six in 2023.

Gathering Our Strength Canoe Journey support

In July 2024, PRPA’s Harbour Patrol provided support for the Gathering Our Strength Canoe Journey. The special voyage involved Indigenous youth, who paddled together from Gingolx to Txalgiu (Hartley Bay) and back to Lax Kw’alaams as part of a multi-day trip to visit neighbouring First Nations on the North Coast. PRPA’s harbour patrol vessels accompanied the canoes for a portion of their trip, to help ensure their safe and secure passage.

Sustainability

Responsible Growth

One trade we'll never make: exchanging our future for short-term gain. Our current success is rooted in decades of ambitious yet practical planning and is reflected in the careful consideration we apply to every project and program we activate. The result is a growing gateway that supports an extensive workforce, abundant opportunities, and a robust regime of environmental safeguards.

4.425 kg CO2e/tonne

GHG intensity at inventory boundary *Based on 2023 data

-3% NOx

Decrease in NOx intensity (kg/t) within PRPA jurisdiction since 2010

-67% PM2.5

Decrease in PM2.5 intensity within PRPA jurisdiction since 2010

-92% in SOx

Decrease in SOx intensity within PRPA jurisdiction since 2010

52%

Percentage of unique vessels qualifying for Green Wave program

54%

Percentage of total vessel calls qualifying for Green Wave Program

Renewable diesel transformation

Each year, approximately 9 million litres of diesel are used in marine and landside operations at the Port of Prince Rupert. In Q2 2024, PRPA launched a Renewable Diesel Initiative with the goal of transitioning Gateway partners away from petroleum diesel to a low-emissions alternative. PRPA worked with a Canadian supplier to secure a supply of the drop-in fuel; 13 Gateway partners opted into the pilot project, consuming 1.2 million litres of the new product for a wide range of uses including on-dock equipment, locomotives, tugs, and transport trucks.

Zero and low-emissions trucks

The Port of Prince Rupert is serving as a testbed for new zero and low-emission heavy-duty trucks. The project involves trialing four new vehicles - two hydrogen-powered, one battery electric and one hydrogen-diesel co-combustion – on existing operational routes to better understand the range, reliability and potential best use case for the trucks in gateway operations.  Led by Innovate BC in partnership with PRPA and Gat Leedm Logistics, the Integrated Marketplace initiative aims to reduce greenhouse gas emissions, maximize efficiency, and support supply chain sustainability. 

Record Year for Green Wave

Five companies were honoured for their exceptional participation in PRPA’s Green Wave program in 2024. Cosco Shipping Lines, Navigator Gas LLC, SK Shipping, Yang Ming Marine Transport, and BC Ferries were recognized for implementing technology to reduce their vessels’ air emissions. Nine individual vessels were also acknowledged for their underwater noise mitigation. Introduced in 2013, the Green Wave program provides financial incentives to commercial vessel owners who voluntarily invest in environmentally sustainable measures. Using standards recognized throughout the global maritime industry, PRPA offers reduced harbour fees based on a vessel’s emissions and underwater noise performance.

North Pacific Green Corridor Consortium

In April 2024, PRPA was announced as one of the founding members of the North Pacific Green Corridor Consortium. This collaboration was developed to help decarbonize the transportation infrastructure for commodities shipped between Canada, Japan, and South Korea. It brings together a group of stakeholders from diverse sections of the value chain including bulk commodity producers, railways and transportation providers, marine vessel owners and operators, port facilities, port authorities and technology providers.

Environmental certification

In 2024, PRPA was once again audited and recertified by Green Marine, the world’s leading certification program aimed at advancing environmental excellence in the marine sector. A participant since 2010, PRPA’s scores for the program’s performance indicators are among the highest of any North American port and reflect its commitment to continuous improvement. PRPA was also recertified by Climate Smart, a verification program that calculates an organization’s carbon footprint. PRPA has been carbon neutral since 2015, through enacting numerous greenhouse gas reduction initiatives and offsetting remaining emissions.

Bat monitoring study

PRPA’s bat monitoring program aims to better understand the local species of bats inhabiting the island and determine if they are permanent residents or using the land as foraging grounds. The program will monitor these populations over the course of development in the area. PRPA’s Environmental Compliance team monitors six strategically placed stations on a monthly basis from April to November. They are fitted with three different types of artificial bat roosts and equipped with mesh screens to catch DNA samples and devices to record high frequency audio samples. The initiative was launched as part of the Species at Risk Act permit obtained for the CANXPORT project.

Habitat compensation success

2024 marked the tenth and final year of monitoring of the successful habitat compensation project created as part of the Road, Rail, and Utility Corridor development. For a decade, PRPA’s Environmental Sustainability team conducted annual surveys of 40 rock reefs in Porpoise Harbour. The introduction of the reefs has proven to be vital to the marine biodiversity of the area, attracting a wide array of aquatic life, including various species of invertebrates, finfish, and algae.

EV Fleet Advancement

PRPA expanded its fleet of zero and low-emissions vehicles in 2024, adding an F150 Lightning XLT, F150 Lightning PRO, and E-Cargo van. PRPA now has nine EVs and hybrids in operation and is equipped with one DC fast charger and three Level 2 charging stations. Advancement towards electrification directly supports PRPA’s goal of reducing carbon emissions at the Port of Prince Rupert by 30 percent by 2030 and reaching carbon neutrality in 2050.

Community

Commitment to Community

The success of our trade gateway results in continuous improvements to the health and cohesion of northwest British Columbia. We take pride in ensuring our operations reflect local values and that a significant portion of our resources are allocated back into our communities. To achieve this, we have created programs and initiatives that keep residents informed about port activities and provide funding and support to local organizations and projects that contribute to long-term community vitality.

$20.7 million

$20.7 million committed to the Community Investment Fund since its inception

$1.4 million

$1.4 million invested into 8 completed Community Investment Fund projects in 2024

$23,300

$8,000 to support youth through Rising Tide & another $15,300 for Voyage to Excellence

32,327

Visitors to the Port Interpretive Centre

282

282 youth fed daily in Prince Rupert Schools through Breakfast Club of Canada

2,916

2,916 books mailed to children in Prince Rupert through Dolly Parton’s imagination Library

71

71 Individual grant applications approved by KidSport Prince Rupert

Emergency infrastructure funding

The City of Prince Rupert received $77.2 million from the Government of Canada’s Disaster Mitigation and Adaptation Fund to help with the replacement of the community’s aging water distribution and sewer systems. The network suffered numerous failures, creating concern about its short and long-term viability. PRPA played a significant role in advocating with both the federal and provincial governments to secure funds to replace the aging system.

Fully activating the Port Interpretive Centre

The Port Interpretive Centre had its first full year of operation since undergoing renovation, welcoming 32,327 residents and visitors. The newly reimagined space hosted tours and served as a gathering place for community and industry, providing a safe and accessible facility for events and meetings. Port partners and local organizations including Tourism Prince Rupert, Prince Rupert & District Chamber of Commerce, AltaGas’ Ridley Island Propane Export Terminal, the North Coast Ecology Centre Society used the centre for their events.

Exploring career options at the Port

PRPA, Prince Rupert Rotary Club, and Community Futures hosted the eighth ‘Adventures in the Port of Prince Rupert’ for three days in May 2024. The group of 15 students and six chaperones toured 11 port-related sites and were hosted by 10 different organizations. Students from as far away as Williams Lake and Nechako Lakes School District, alongside a handful of Prince Rupert high school students, were able to learn about the wide range of career opportunities that exist at the trade gateway, and the skills required to fill those roles.

Largest turnout for local shoreline cleanup

PRPA organized its largest-ever Shoreline Cleanup event on April 19th, bringing together over 90 people from 19 local volunteer organizations and businesses including multiple terminal and gateway partners.  Together, volunteers combed 4km of local waterfront areas, including Seal Cove, Hays Creek, and around Northland Cruise Terminal, removing 1,089 lbs. of garbage.

Providing healthy meals in local schools

PRPA continued its support for the Breakfast Club of Canada (BCC), helping provide nutritious meals for students at every public school in School District 52. An average of 282 local students are fed by BCC each day, representing over 15 percent of total enrolment. To celebrate the ongoing partnership, PRPA staff once again assisted in serving special pancake breakfasts at every public school in Prince Rupert in November and December 2024.

Leveling the playing field

Demand for KidSport Prince Rupert’s assistance grew in 2024, the group’s third year as an independent chapter. The local arm of the nationwide non-profit, which helps youth take part in organized sports, was established with support from PRPA . That commitment enabled KidSport Prince Rupert to extend its impact in 2024, providing 71 grants to local families, enabling kids to take part in soccer, hockey, gymnastics, skating, swimming, and softball.

Fostering a love of reading

Prince Rupert families received a greater number of books from Dolly Parton’s Imagination Library in 2024. The free book-gifting program is open to all local children aged five and under. In 2024, 2,916 specially selected, age-appropriate books were delivered to Prince Rupert families through the Imagination Library, to help their little ones develop an early love of reading. This literacy program is supported through PRPA. Originally presented in partnership with North Coast Literacy Now, Change Makers Education Society is now administering the program locally.

Celebrating with community

PRPA was a key sponsor of several community-wide events, including the Business Excellence Awards, National Indigenous Peoples Day, Seafest, and Winterfest. In December 2024, PRPA collaborated with local business partners to revive the Jingle Boat Express for the first time since the pandemic. The beloved holiday tradition takes families around Prince Rupert harbour for a festive ride with Santa Claus. All proceeds from the event went to the Friendship House Association of Prince Rupert.

New roof and theatre seating at Lester Centre of the Arts

The Lester Centre of the Arts underwent upgrades inside and out in 2024. PRPA partnered with the City of Prince Rupert to replace the metal roofing, gutters, and flashing on the building. Collaborating with the Prince Rupert Performing Arts Centre Society, PRPA helped fund the replacement of the theatre seating. These two projects replaced original fixtures and infrastructure that had been in place since 1987. PRPA’s Community Investment Fund has now committed over $1 million to revitalize the Lester Centre.

Gitanyow food security

PRPA partnered with Gitanyow Huwilp Society to develop a Food Security Centre in Gitanyow village for processing wild and farmed foods and preparing traditional Indigenous medicines. The multi-purpose facility is attached to the new Gitanyow Lax’yip Guardians offices and equipped with a large commercial kitchen and walk-in cooler. Temperature-controlled to a consistent three degrees Celsius, the cooler is designed to allow adequate time for fresh meat to safely age before it is processed in the adjacent kitchen space. PRPA committed $118,500 to the project.

Region’s first Neonatal Intensive Care Unit

Northwest BC’s first ever Tier 3 Neonatal Intensive Care Unit (NICU) and Special Care Nursery received $430,000 from PRPA’s Community Investment Fund to help equip the space. The $14.5 million state-of-the-art facility is located at the new Ksyen Regional Hospital in Terrace, serving mothers and babies from across the region. The NICU and Special Care Nursery will save many at-risk patients the hazards and stress of being medically evacuated to Vancouver or Prince George.

Matching donations to Rampage Fights Cancer campaign

PRPA gave a major boost to the Rupert Rampage Fights Cancer campaign by matching the $128,000 donated by community members, local businesses, and volunteer organizations. The funds went to North Coast Health Improvement Society to help purchase a new laparoscopic tower for Prince Rupert Regional Hospital. The top-of-the-line equipment can facilitate a broad range of surgical procedures and save patients and their families from travelling outside the community to receive care.

Smithers golf course

The Smithers Golf Course upgraded its course walkways with $78,500 in support from PRPA’s Community Investment Fund. The improvements have made the paths accessible during winter months, allowing the course to become a year-round recreational asset. The golf course trails are used daily by community members and visitors for walking, snowshoeing, and tobogganing.

Ear, nose, and throat healthcare access

PRPA enabled Advanced surgical Rhinology services for patients from across Northwest BC through a partnership with the Dr. REM Lee Hospital Foundation. A new Scopis Ear, Nose and Throat (ENT) navigation system was purchased for the Terrace hospital with a $51,000 contribution from the Community Investment Fund. The new imaging system offers electromagnetic technology for high-definition guidance during complex sinus and skull-based surgeries. 

Rising Tide

The Rising Tide program encourages youth to try new things, whether in sports, education, arts, or culture. In 2024, nine organizations received $8,000 in funding including: Prince Rupert Minor Softball Association, Prince Rupert Minor Basketball Association, Prince Rupert Amateur Swim Club, Prince Rupert Minor Hockey Association, North Coast Volleyball, Prince Rupert Skating Club, Change Makers Education Society, Prince Rupert Gymnastics Association, and Prince Rupert Youth Soccer Association.

Voyage to Excellence

The Voyage to Excellence program rewards youth who have made it to the top of their field with the opportunity to experience higher levels of competition. The program provides grants to local groups who have qualified via zone-based competition to participate in the provincial and national championships. In total, 13 groups received $15,300 in funding through the program in 2024, including: Charles Hays Senior Secondary (CHSS) Junior Boys Basketball Team, CHSS Wrestling Team, CHSS Senior Boys Basketball Team, CHSS Cross Country Team, CHSS Soccer Team, CHSS Senior Volleyball Team, CHSS Junior Volleyball Team, U18 Rep Hockey Team, U18 Girls Volleyball Club, Prince Rupert Track & Field, Prince Rupert Youth Soccer Association, Prince Rupert Amateur Swim Club, and Prince Rupert Gymnastics Association.

Supporting northwest students

PRPA strengthened its support for local students pursuing post-secondary education in northern BC with the creation of new academic awards at Coast Mountain College and the University of Northern British Columbia. $1,500 awards will be granted to two students at each institution annually. Preference goes to northern BC residents, Indigenous students, those with financial need, and those pursuing a career that will support a port-related industry.

Financials

Employing Fiscal Integrity

Sound financial management drives the responsible stewardship of our resources. PRPA’s financial performance is a critical factor that enables investment back into port infrastructure, expansion of our economic and employment base, and the community partners that make the north coast a better place.


Each year, the Prince Rupert Port Authority releases its financial statements. These figures detail our organization’s commitment to the sound and effective use of our assets, year after year.

$74.58

$74.58 million Total Revenue

$51.13

$51.13 million Total Expenses

$29.74

$29.74 million Net Income

$587.01

$587.01 million Total Assets

$155.8

$155.8 million Capital Expenditures

$1.75

$1.75 Income reinvested into the Community Investment Fund

Bright Future

VIGOROUS TRADE.
THRIVING COMMUNITIES.
SUSTAINABLE DEVELOPMENT.

The team at the Prince Rupert Port Authority continues to work to build a better Canada by growing trade. Thank you to our local communities, our shippers, supply chain partners, terminal operators, service contractors, and everyone else who made 2023 a success in each of those areas. A special thank you to all of the people at the terminals, on the water, and on the trains and trucks that are moving Canada’s trade through the Port of Prince Rupert. Together, we are Canada’s leading edge.

Downloads

2024 Annual Report Summary (PDF) 2024 Annual Report Spread (PDF) 2024 Financial Statements (PDF)

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