This paper presents the results of a thermal analysis of the concrete canisters for interim dry storage of spent, irradiated Canadian Deuterium Uranium(CANDU) fuel. The canisters are designed to contain 6-year-old fuel safely for periods of 50 years in stainless steel baskets sealed inside a steel-lined concrete shield. In order to assure fuel integrity during the storage, fuel rod temperature shall not exceed the temperature limit. The contents of thermal analysis include the following : 1) Steady state temperature distributions under the conservative ambient temperature and insolation load. 2) Transient temperature distributions under the changes in ambient temperature and insolation load. Accounting for the coupled heat transfer modes of conduction, convection, and radiation, the computer code HEATING5 was used to predict the thermal response of the canister storage system. As HEATING5 does not have the modeling capability to compute radiation heat transfer on a rod-to-rod basis, a separate calculating routine was developed and applied to predict temperature distribution in a fuel bundle. Thermal behavior of the canister is characterized by the large thermal mass of the concrete and radiative heat transfer within the basket. The calculated results for the worst case (steady state with maximum ambient temperature and design insolation load) indicated that the maximum temperature of the 6 year cooled fuel reached to $182.4\,^\circ\!C$, slightly above the temperature limit of $180\,^\circ\!C$. However,the thermal inertia of the thick concrete wall moderates the internal changes and prevents a rise in fuel temperature in response to ambient changes. The maximum extent of the transient zone was less than 75\% of the concrete wall thickness for cyclic insolation changes. When transient nature of ambient temperature and insolation load are considered, the fuel temperature will be a function of the long term ambient temperature as opposed to daily extremes. The wors...