09-07-2025
Opinion: Alberta passenger rail projects are in national interest
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Recent announcements by the province and the federal government bring us closer than ever to making passenger rail service from Calgary International Airport to downtown and onward to Banff a reality. These are no longer long-term dreams; they are shovel-ready projects that meet criteria for designation as national interest projects under Canada's newly passed Building Canada Act.
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The plan aligns with Calgary's Airport Rail Connection Study, released in January, which calls for a seamless 'one-seat ride' from the airport to a Grand Central Station in the Rivers District via the CPKC rail corridor. This connection, referred to as CADE (Calgary Airport-Downtown Express), complements the CABR (Calgary Airport-Banff Rail) proposal, which would connect key communities in the Bow Valley, including Cochrane, Mînî Thnî (Kananaskis), Canmore and Banff.
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At the federal level, the passage of Bill C-5 on June 26 is a game-changer. The Building Canada Act expedites federal reviews for infrastructure deemed to be in the national interest, shifting the focus from whether a project should proceed to how it will be built. Railways, as well as pipelines, as promoted by Premier Danielle Smith, are explicitly included, and Alberta now has an opportunity to act quickly and secure federal designation for CADE and CABR, unlocking faster approvals and potential investment.
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These projects check all the boxes:
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CABR is already backed by Liricon Capital and Plenary Americas, and has secured an assignable memorandum of understanding with CPKC, critical private-sector momentum that supports a P3 delivery model, for which the province has expressed interest. The infrastructure bank has previously pledged support for CABR and is actively seeking financially sustainable, clean-growth infrastructure opportunities.
