“We believe the project will bring about a number of economic and environmental benefits to Alberta and to the rest of Canada. The project will increase labour mobility, providing an enhanced connection between Calgary and the communities in the Bow Valley, including the Stoney Nakoda Nation and Canada’s flagship National Park. It will expand and diversify Alberta’s economy, with the express rail connection between the Calgary Airport and downtown helping to revitalize Calgary’s downtown core and attract additional employers and talent to the city. CABR will also reduce carbon emissions, reducing personal vehicle use and will potentially be North America’s first hydrogen-powered rail system which could accelerate Alberta’s plans to develop a hydrogen economy.”

RBC Capital Markets – Derek Neldner, CEO