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Agincourt yard is already half abandoned as is. I doubt CP needs a yard of equal size at this point.

I wouldn’t be surprised to see CP downsize agincourt in its existing footprint and develop excess lands. Moving it is pointless when they have so much excess land on the existing site to work with.
Paul mentioned upthread that the yard is too short to properly handle current train lengths.

I'm not sure how suitable or attractive the land would be for anything other than employment land, which pretty much surrounds it now.