Trains News Wire Digest for Wednesday, Feb. 19 NEWSWIRE
| Last updated on November 3, 2020
Get a weekly roundup of the industry news you need.
| Last updated on November 3, 2020
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Darryl Williams.. While expensive.. You must be reminded of the untapped mineral wealth that lies in the Canadian Shield.. Mineral reserves that rival Russia and Afghanistan.
Interesting article and map on the proposed northern Quebec rail lines. The premier says the railway will cost “in the tens of millions of dollars”. Complete, utter nonsense. Just the bridge alone that will be needed to cross the Eastmain river will cost millions of dollars, and there will be several hundred smaller bridges needed. I can’t see any justification for this railroad extension, especially up to Whapmagoostui.
……is this what a democracy tolerates…sometimes a dictatorship is in order !
….is this what our soldiers fought for in two world wars….MY GOD when are our governments going too start governing instead of its members looking after their pocket books before the
welfare of CANADA .i…..I am ASHAMED to say I am a CANADIAN.
And another blockade went up this morning on CN’s Edson Sub (about 11 miles West of Edmonton) This is the Mainline. https://globalnews.ca/news/6568202/wetsuweten-rail-blockade-edmonton-acheson-industrial-area/
This is insane, they are ruining the commerce of the country
Quebec, North SHORE and Labrador
Thanks Robert Ray, I mis-read that. You are correct – the study alone will cost tens of millions, which the two entities will split.
I still have a hard time believing this project will only cost $4.7 Billion. I have actually been to this area, driven and camped from Baie Comeau to Saguenay, around Lac St Jean, up to Chibougamou, over to Nemiskau, then all the way up to Radisson and Chisasibi. Also drove out a Hydro Quebec road – the one they show leading towards Schefferville, which is a good idea to connect up with.
Yes, I know, all kinds of mining resources likely exist up there, but the most valuable ones are already being mined at Fermont, Mont Wright, and Labrador City, and at Schefferville/ Bloom Lake (thanks to all the work by Cliffs Resources before pulling out (see link below)).
You know where else has huge mining potential? The so called Ring of Fire in Northern Ontario. Thats been a festering project for at least 15 years or more, and some companies have gone bankrupt trying to tap it. See here:
https://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/cliffs-natural-resources-retreats-from-failed-canadian-investments/article21682147/
Looks like one rail line they want built is just rebuilding something CN abandoned at an earlier date. Perhaps that at least is an easy fix?
For Williams the planning studies will cost in the tens of millions of dollars, not the actual construction costs.