LADY NADA EXPRESS

EXECUTIVE SUMMARY
PART TWO

© Copyright Dr Milson Macleod 2004


FINANCE

There are no useful historical records to assess the total cost of this project so various stages in the program will be funded through philanthropic sources and progress reports issued.

The various stages include surveying; tunnel construction; design and construction of track support system and the laying of track; acquisition of rolling-stock; the communications system; trial runs coast to coast; implementation of public service; and expansion of the project.

The project may take five years to complete. An initial amount has been budgeted with subsequent funding expected to come from 'saintly bank' funding. A decision has yet to be made on the type of track and locomotive power, which will significantly affect the cost of the project.

Estimated costs of the system covering 10,000 km of new track: $500 billion

COMPETITION

Rail travel has always had a low priority from the federal government, reducing services to a minimum, partly due to lobbying from other parties such as bus companies and airlines, in which government officials held an interest. Shares will be gone so this pressure should also disappear.

There is one main line across Canada, principally used by goods traffic, which dates back to 1885. Priority has always been given to goods trains, but this will have to change. A private company also runs a train from the West Coast to the Rockies in summer.

LOCATION

The route would start in Vancouver, British Columbia, possibly utilizing the Whistler tunnel if this project is undertaken and completed, wend its way northwards and circle round to follow the coastline of North Bay before returning southwards towards Montreal or Quebec through to Halifax, Nova Scotia, returning via Toronto, Ontario, the Great Lakes and Calgary through the Rockies back to Vancouver.

VIABILITY or PROFITABILITY

The capital required will be provided by philanthropic sources. Thereafter the service will operate on its own revenue, with a minimum of operating costs as no fossil fuels are consumed and maintenance will be minimal.

SHORT and LONG-TERM GOALS

The completion of the new line and inauguration of the first service is the immediate goal. Once the service is shown to be running smoothly, additional trains - and possibly variations in route - will be added as the market demands. Use of existing track, upgraded, will then be examined, but this would entail significant upgrading of the entire existing system and its rolling stock.

Continue to Proposed Routes

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