Concept (2016 – 2019)
Alberta Transportation funds study for Calgary Downtown to Banff; Liricon proposal to Canada Infrastructure Bank (CIB) accepted.
Feasibility (2020)
CIB funds study for Calgary Downtown to Airport; CIB Memorandum of Understanding (MOU) with Alberta Transportation.
Development (2021)
Liricon MOU with CP Rail; CIB provides 50% of capital; Liricon Unsolicited Proposal to Alberta Transportation.
Plenary competitively selected as Liricon’s co-developer; make Enhanced Unsolicited Proposal to Alberta Transportation.
Design (2022 – 2023)
Eighteen month Design Phase necessary to support community consultation, permitting and contracting before a final investment decision and start of construction
Construction (2025 – 2028)
Anticipated three to four years of construction once Design Stage passed.