Restoring train service on Vancouver Island could carry a price tag of $1.5 billion, but is achievable in the short term, suggest rail proponents.
Dave Hayden and Alex Stuart, Island Rail Corporation CEO and managing director, respectively, made a presentation about their corporation and its aims at a Regional District of Nanaimo board meeting Tuesday, Jan. 9. The entity is separate from the non-profit Island Corridor Foundation which is responsible for managing the rail corridor.
Among the corporationB次元官网网址檚 requests is that the RDN pass motions related to the return of Island rail corridor lands to First Nations and support for the corporationB次元官网网址檚 efforts.
The ICFB次元官网网址檚 latest recommendations suggested the B.C. government provide $430 million in rail repairs, which Hayden said would be a B次元官网网址済ross waste of taxpayersB次元官网网址� dollars.B次元官网网址�
The corporation has devised B次元官网网址渁 detailed set of assumptions that justify the investment capital needed to rebuild [the Island] rail network between greater Victoria and Courtenay and between Parksville and Port Alberni,B次元官网网址� Hayden said.
The corporation has identified cargo movement on what it calls the B次元官网网址渋ron highwayB次元官网网址� as a means to move cargo off a ship, onto rail, and to market, with potentially 144,000 car loads in the first year of operations. The proponents envision service relying on hydrogen energy.
B次元官网网址淲eB次元官网网址檙e here to make the business case for hydrogen-powered, net-zero technology that can move cargo and people and support tourism here on Vancouver Island,B次元官网网址� said Stuart. B次元官网网址淚tB次元官网网址檒l be the cheapest infrastructure investment we can make and though weB次元官网网址檙e pegging our cost at $1.5 billion, three times higher than that [of the ICF] to refurbish the corridor, itB次元官网网址檚 150 years old. ItB次元官网网址檚 got to be completely rebuilt from the ground up to accommodate contemporary technology.B次元官网网址�
Leanne Salter, Area F director, expressed skepticism that service could start in 2024, as proponents claimed was a possibility with sufficient stakeholder support.
B次元官网网址淩ight now, you can operate a passenger train on 85-pound rail,B次元官网网址� Hayden responded. B次元官网网址淭he existing rail is 85-pound from east to west and north to south B次元官网网址� the east-to-west corridor is where the revenue is generated by freight.B次元官网网址�
In terms of passenger service, Hayden said it is hoped it would operate from the Roundhouse in Victoria to the Malahat Skywalk. This would show people the benefits of rail infrastructure, he said.
Island Rail Corporation was incorporated federally and in B.C. and Alberta in March 2023.
In an e-mail, Judith Sayers and Daniel Arbour, co-chairs of the Island Corridor Foundation, issued a statement noting that the ICF is continuing its work.
B次元官网网址淭he Island Corridor Foundation continues to work with First Nation communities and the province to determine the best path for this amazing Vancouver Island assetB次元官网网址次元官网网址� the statement noted. B次元官网网址淲e want to make it clear that this new group called Island Rail Corp. has no affiliation to these efforts, nor any ownership stakes in the corridor.B次元官网网址�
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