How is the train and rail line being funded?

The entire train and dedicated rail line in the CP Rail corridor is being funded by a public-private-partnership (P3). This approach to infrastructure funding is being supported by the federal government and the federally owned Canadian Infrastructure Bank (CIB) so all levels of government are not required to provide the upfront capital and bear the risks associated with this investment. Fifty per cent (50%), or $750 million of the $1.5 billion in capital funding required to build CABR, is projected to be provided by the CIB at a 1% interest rate. The remaining $750 million will be financed by the proponents (Liricon/Plenary) at commercial rates.