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CALGARY - Albertans could travel between Calgary and Edmonton in as little as an hour on a high-speed train linking the province`s two largest cities and Red Deer, reveals a provincial government report that will be presented today to a joint Alberta-federal Conservative caucus meeting in Calgary.
A summary of the report, obtained by the Herald, suggests the private sector would be keen to fund the system`s construction and operation while the Alberta government would be responsible for assembling land for the potential rail line and five stations --one in downtown Calgary and another near the city`s airport, one in Red Deer, and the final two in Edmonton--at its international airport, south of the city, and downtown.
Projected capital costs range from $3 billion to $20 billion, depending on the type of train chosen, according to the government-commissioned studies that assessed the feasibility and economic benefits of developing a more than 300-kilometre passenger line.
Alberta Transportation Minister Luke Ouellette will today present the studies`findings to his provincial caucus members and federal Alberta Conservative MPs when they gather for a closed-door meeting at McDougall Centre downtown. No decision has been made on whether to proceed with the project, sources said.
Read the full article here.
A summary of the report, obtained by the Herald, suggests the private sector would be keen to fund the system`s construction and operation while the Alberta government would be responsible for assembling land for the potential rail line and five stations --one in downtown Calgary and another near the city`s airport, one in Red Deer, and the final two in Edmonton--at its international airport, south of the city, and downtown.
Projected capital costs range from $3 billion to $20 billion, depending on the type of train chosen, according to the government-commissioned studies that assessed the feasibility and economic benefits of developing a more than 300-kilometre passenger line.
Alberta Transportation Minister Luke Ouellette will today present the studies`findings to his provincial caucus members and federal Alberta Conservative MPs when they gather for a closed-door meeting at McDougall Centre downtown. No decision has been made on whether to proceed with the project, sources said.
Read the full article here.