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Alaska-Canada Rail Link Economic Benefits

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dc.contributor.author Watts, Teresa
dc.contributor.author Peter Wallis Consulting Limited
dc.contributor.author Metz, Paul A.
dc.date.accessioned 2019-07-29T18:54:40Z
dc.date.available 2019-07-29T18:54:40Z
dc.date.issued 2019-07
dc.identifier.uri http://hdl.handle.net/11122/10567
dc.description.abstract Construction of the 1,740 km Alaska-Canada Rail Link (ACRL) between Fort Nelson, BC and Delta Junction, Alaska to join the North American rail system to the Alaska Railroad will result in tremendous economic benefits for Canada and the US. The ACRL will provide valuable additional east-west rail capacity and tidewater access to the Pacific, hugely benefitting not only the Yukon and Eastern Alaska regions, into which it will introduce rail transport for the first time, but throughout both countries. The economic benefits of ACRL construction are consistent with Canadian government’s desire to promote Northern development and comparable in significance to those of Canadian Pacific Railway in the 1880’s and the St. Lawrence Seaway in the 1950’s. Construction of the ACRL alone will bring unprecedented economic stimulus to the region in terms of job creation, wages and income tax revenue over multiple years. Table 7-1 below summarizes the benefits from ACRL construction for the Yukon, BC and Canada as a whole. However, these estimates are conservative as they exclude benefits associated with pre-construction activities, railway operation post-construction, sales taxes and corporate taxes as well as all such benefits that will accrue to Alaska and the US. en_US
dc.language.iso en_US en_US
dc.subject Alaska en_US
dc.subject Canada en_US
dc.subject Railway en_US
dc.subject Economic Impact en_US
dc.title Alaska-Canada Rail Link Economic Benefits en_US
dc.type Technical Report en_US


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