“We believe that (CABR) is unique, innovative and offers a number of significant benefits to Albertans and all Canadians. These include: Economic Development in Alberta – efficient rail connection between the Calgary International Airport and downtown Calgary, and between Calgary and Banff, will solidify Calgary as world-class city in which to live and do business; Positive Environmental Impact and Potential to Anchor the Hydrogen Economy in Alberta – CARB would eliminate thousands of vehicle trips to Banff, alleviating the pressure of vehicular traffic on the park and substantially reducing carbon emissions; Unique Public-Private Partnership (P3) Structure; High Quality Project Proponents – we have been fortunate to partner with the principals of Liricon as they have built a multi-billion dollar oil and gas business, and with Plenary on numerous P3s. Projects of this nature are critical to ensuring the long-term prosperity of Alberta and our country as a whole.”

CIBC – Victor Dodig, CEO