Trump approves Alberta-Alaska rail line

[the big wheel]

Trump building a hotel in Alaska?

[wmoebis]

Trump building a hotel in Alaska?

Closer place for him and Putin to have secret meetings. Hear you can see Russia out your back door up there.

[malleefarmer]

Probably not relevant but shipping grain out in boxesis huge here into so called niche markets which aint niche no more such is the volume exported.

Traders who use containers pay overs for grain to get guys to sell to em.

Have a mate he solely and wholey Sells to box market. Basically has to store total crop on farm in his case around 10,000 tonne then basically jan when harvest is winding down the box market cranks up.

PS disclaimer not sure how much covid has affected box trade almost entirely to asia se asia and north africa.

[bucket]

So railways could be built....who would have thunk it.....

[sumdumguy]

I hate to say it but, I’ll believe it when I see it. The Indians and environmental groups will have their day.

[jazz]

I hate to say it but, I’ll believe it when I see it. The Indians and environmental groups will have their day.

Natives might be the least of the concern compared to Trudeau.

There is a competing project along the same route with indigenous backing. Maybe the two will get together now.

https://www.jwnenergy.com/article/2017/12/11/two-rival-groups-promoting-same-alberta-alaska-oil/ Two rival groups promoting the same Alberta to Alaska oil-by-rail proposal

[shtferbrains]

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.

[TSIPP]

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.

[bucket]

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.....

[jazz]

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.