“This exciting new initiative will bolster regional tourism to ensure Alberta remains a world class destination, by increasing accessibility to Banff National Park in an environmentally sustainable manner. Using innovative technology, the CABR can provide the first hydrogen-powered passenger train in North America, helping to reduce greenhouse gas emissions. As a large employer of financial services professionals in Alberta, we believe the project will also enhance our ability to attract talent to work and live in Alberta. With the co-operation of the Canadian Pacific Railway and the Province of Alberta, Liricon and Plenary’s public-private partnership model can deliver an efficient and effective transit solution between Calgary and Banff.”

BMO – Darryl White, CEO