The backers of a proposed passenger train that would connect Calgary to Banff say they are waiting for a yes or no from the Alberta government.
Liricon Capital Inc., the company behind the proposed rail link between the Rocky Mountain tourist mecca and the Calgary International Airport, said Monday it has not yet received a response to its proposal that the province commit $30 million annually to the project.
“What we need at this point is we need a nod from the provincial government,” Waterous told reporters following an address to the Calgary Chamber of Commerce. Rob Williams, press secretary to Transportation Minister Rajan Sawhney, said in an email Monday that the proposal is still being examined. The project would be built within the existing Canadian Pacific Railway Ltd. freight corridor, which means it would require the twinning of the existing track. Waterous said it would take about three years after receiving the green light to complete the project.
Other local organizations, including Tourism Calgary and the major airlines that serve the Calgary International Airport, have also endorsed the project.Article content
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