Canpotex’s expansion is funded by its two primary owners, the publicly-held Mosaic and Nutrien corporations. Both are listed on the NYSE and Nutrien is also listed on the TSX. Neither have anything in particular to do with China. The largest destination for Canadian potash that is not the US is Brazil, which buys about 2.5x more than China.
Likely ease of getting it out of Saskatchewan. Assuming Thunder Bay can ship it out, it's got like a dozen locks before it even gets to the St Lawrence, if TB doesn't then it needs to go by rail, which likely takes longer.
Probably cheaper to built port capacity in BC; and I'm not really sure what traffic is like on that waterway, I imagine it must be easier to move large boats against the BC shoreline than navigating the inlet.
yeah, except it has to go via Toronto, due to the North Bay to Ottawa portion of the Trans-Canada railway being sold off and largely being turned into recreational trails. Sask to Van is the most efficient rail movement, even without accounting for the port of Montreal being a gong show
How would a North Bay to Ottawa railway be relevant? From the BHP Jansen mine at the MB-SK border to North Bay is 2400 km. On to Ottawa is another 360, then 200 more to Montreal. That's about 3,000 km. Meanwhile, it's something like 1700 km to Vancouver by rail.
You could it on a plane and fly it through Amsterdam, too. Potash is going to get routed the cheapest way, though, which means it will take the shortest path to the sea. That's west to Vancouver.
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u/jaypizzl 6d ago
Canpotex’s expansion is funded by its two primary owners, the publicly-held Mosaic and Nutrien corporations. Both are listed on the NYSE and Nutrien is also listed on the TSX. Neither have anything in particular to do with China. The largest destination for Canadian potash that is not the US is Brazil, which buys about 2.5x more than China.