PwC Canada: $146B Export Growth Potential Hinges on Infrastructure Investments — PwC Management Services LP

Event summary

PwC Canada projects $146 billion in additional non-U.S. export growth by 2035 if infrastructure and processing capacity are expanded.
Energy, minerals, and agri-food sectors are best positioned for diversification, with energy products potentially reaching $106.31 billion by 2035.
Limited export capacity, processing, and port handling could constrain growth in key sectors.
Investment in terminals, processing capacity, and long-term offtake agreements is critical to capturing market share.
Agri-food exports are projected to reach $82.65 billion by 2035, driven by quality and traceability advantages.

The big picture

As global trade fragments into blocs and trusted corridors, Canada faces a strategic opportunity to diversify exports beyond the U.S. PwC Canada's report highlights that demand alone won't drive growth—capital, infrastructure, and commercial capacity must scale to reach new markets. The energy, minerals, and agri-food sectors are poised to lead this phase of trade growth, but their success hinges on significant investments in transportation, logistics, and processing capacity.

What we're watching

Infrastructure Gaps: Whether Canada can accelerate investment in trade-enabling infrastructure to meet projected export growth targets.
Sector-Specific Constraints: How limited processing capacity and port handling could bottleneck growth in energy and minerals sectors.
Policy Alignment: The pace at which public policy, private capital, and global buyers align to finance investable projects.