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Trump approves Alberta-Alaska rail line

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    #37
    22 billion guesstimate to build.

    Shares trading around $1.25. Market cap about $3.25 Billion. Looks like active trading.

    CNR shares $140.00 market cap 100 Billion.

    Might have a tough time with the financing. More so with current regulatory problems in this country.

    Comment


      #38
      On the news this morning it was reported that the rail line is 2200 km at a cost of 22 billion, my calculator must be broken cause it tells me that’s costing 10 million a km or 10 thousand a meter, for you old guys like me that’s pretty much 35 hundred a foot or almost 300 dollars an inch.

      I’m hoping the news was a little high on the estimate.

      Comment


        #39
        Originally posted by TSIPP View Post
        On the news this morning it was reported that the rail line is 2200 km at a cost of 22 billion, my calculator must be broken cause it tells me that’s costing 10 million a km or 10 thousand a meter, for you old guys like me that’s pretty much 35 hundred a foot or almost 300 dollars an inch.

        I’m hoping the news was a little high on the estimate.
        Won't be once governments are involved...look at TMX ...started at 4.5 billion now at 12.....Muskrat falls is a money pit much like the olympic stadium in Montreal....people would clock in and go to their real job and clock out on their way home or so the rumour goes....But considering everything else that is accepted in Quebec like the SNC scandal and others its probably true.....

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          #40
          Well it wont be Canadians financing it because we are too broke and too stupid as a population.

          You can be there is chinese or american funds behind this.

          500B spent by skippy is enough to build dozens of resource related infrastructure projects. Did we get any?

          This didnt even get a mention by the Libs or our dog eating minister of infrastructure.

          Comment


            #41
            Originally posted by sumdumguy View Post
            I hate to say it but, I’ll believe it when I see it. The Indians and environmental groups will have their day.
            The route avoids B.C. specifically to keep enviro-kooks out of the equation. The governments of Alaska, USA, Alberta, Yukon, NWT should all be in agreement that this railway will improve the quality of life and economy for the areas it passes through.

            The main concern is the evil Trudeau government stopping it to attack Alberta.

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              #42
              Rail might be an easier sell in this country because its multi modal compared to just pipelines. Can carry out every type of product and take goods back into the interior and ferry passengers and tourists both ways.

              Some article mentioned a fibre line in the ROW too so there are added benefits.

              And the life of rail is much longer than pipelines so the economics accrue over a longer period.

              “The new rail line will create new economic development opportunities for a wide range of businesses, communities and Indigenous communities in Canada and Alaska. We estimate that A2A Rail could unlock $60 billion CAD in additional cumulative GDP through 2040 and lift household incomes by an average of 40 per cent.”

              https://canada.constructconnect.com/joc/news/infrastructure/2020/07/alaska-alberta-rail-begins-surveying-for-proposed-edmonton-to-anchorage-route Alaska-Alberta Rail begins surveying for proposed Edmonton to Anchorage route
              Last edited by jazz; Sep 27, 2020, 08:31.

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                #43
                Originally posted by jazz View Post
                Well it wont be Canadians financing it because we are too broke and too stupid as a population.

                You can be there is chinese or american funds behind this.

                500B spent by skippy is enough to build dozens of resource related infrastructure projects. Did we get any?

                This didnt even get a mention by the Libs or our dog eating minister of infrastructure.
                Just think about it - what industry or infrastructure could have been developed and built with the 360 billion that the U.N. Sock Puppet supposedly doled out to "help us" thru his Plandemic?

                How many pipelines? How many industries could have been brought back to Canada to set up highly beneficial, long-term employment?

                How many hospitals, how many retirement homes, built and funded, providing better health care?

                It was never about helping Canadians.

                It is all about enslaving the population and making it entirely dependent on a corrupt and evil government.

                And then keeping it that way.

                What greater evil can our Liberal government contrive? For an answer, watch for a 3rd generation Trudeau.

                Comment


                  #44
                  Originally posted by burnt View Post
                  Just think about it - what industry or infrastructure could have been developed and built with the 360 billion that the U.N. Sock Puppet supposedly doled out to "help us" thru his Plandemic?

                  How many pipelines? How many industries could have been brought back to Canada to set up highly beneficial, long-term employment?

                  How many hospitals, how many retirement homes, built and funded, providing better health care?

                  It was never about helping Canadians.

                  It is all about enslaving the population and making it entirely dependent on a corrupt and evil government.

                  And then keeping it that way.

                  What greater evil can our Liberal government contrive? For an answer, watch for a 3rd generation Trudeau.
                  4 billion for water for a few or how about upgrading Saskatchewan rail?
                  Pipeline companies own a good part of the conservative governments so guess why rail has been on the back burner? Didn’t the ndp in Alberta propose oil by rail and it was mocked as so stupid all of a sudden it’s a great idea? Lmao.

                  And in the end it’s all too late who exactly wants this oil?

                  And what will become of our former premier s consulting job for constructing a pipeline that’s been so worth the money. Lmao!

                  Comment


                    #45
                    Burnt, Evil? Seriously! Trudeau is obviously the devil! LMAO

                    Comment


                      #46
                      Originally posted by burnt View Post
                      Just think about it - what industry or infrastructure could have been developed and built with the 360 billion that the U.N. Sock Puppet supposedly doled out to "help us" thru his Plandemic?

                      How many pipelines? How many industries could have been brought back to Canada to set up highly beneficial, long-term employment?

                      How many hospitals, how many retirement homes, built and funded, providing better health care?

                      It was never about helping Canadians.

                      It is all about enslaving the population and making it entirely dependent on a corrupt and evil government.

                      And then keeping it that way.

                      What greater evil can our Liberal government contrive? For an answer, watch for a 3rd generation Trudeau.
                      So what exactly would have been your plan for the pandemic? Not shut down at all? Shut down but do nothing for people that lost their jobs or businesses?

                      Comment


                        #47
                        Originally posted by the big wheel View Post
                        ...........
                        And in the end it’s all too late who exactly wants this oil?
                        ..............
                        Great to hear! This must be an announcement that you've gone all electric? Using entirely solar or wind-sourced power?

                        Or perhaps just letting off more steam?

                        Comment


                          #48
                          Originally posted by burnt View Post
                          Great to hear! This must be an announcement that you've gone all electric? Using entirely solar or wind-sourced power?

                          Or perhaps just letting off more steam?
                          We don’t need to sell oil to still have oil operating engines here. I ve said it all along the climate thing hasn’t been proven to me at all, but the world demand is telling us what everyone else thinks. We should be selling oil cheaper than anywhere else domestically that would develop other industries that maybe then could use the train idea. But that would be a plan that would involve cutting off funds to the conservative parties of the country from pipelines etc. It would even be better for you but you don’t want that because you’d have to have a mind open to progress not just your favorited political party.

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