How much will the Design Phase cost before a final investment decision can be made on the CABR project?
The total cost of the Design Phase is estimated at $105 million. The first $30 million cost is to be...
What is a public-private-partnership (P3)?
Public-private partnerships are collaborations between a governments and their agencies (in CABR’s case the Province of Alberta and the Canadian...
How much will it cost annually to run and maintain the train once operational?
The annual costs to run and maintain the CABR train service are covered by the fare box operating revenue plus...
How much will it cost to construct the rail line and all the stops along the way?
The new 150km rail line, rolling stock (trains) and stations are expected to cost $1.5 billion. Building most of the...
Who’s paid for all the work that has been done on the project to date?
The proponents, the Government of Alberta and the CIB have paid for all studies on the CABR service to date.
How much will taxpayers have to pay each year the train is operational?
The proposed funding model caps the spending by the Government of Alberta (Alberta Taxpayer) at $30 million per year based...
How much will taxpayers have to pay for the construction of the train?
The fare box, or operating revenue from the train, will cover all the operating and maintenance costs of the CABR...
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...