00:00:37.620So starting off, let's take a look at what this plan promises to do.
00:00:41.440It would create a regional line between Calgary and Edmonton, rail lines connecting Calgary and Edmonton to Banff and Jasper.
00:00:49.240There would also be a commuter connection to Calgary International Airport and surrounding communities and to the city's downtown core.
00:00:55.280It would be the same thing in Edmonton.
00:00:57.120You'd be able to go from the Edmonton airport to the city and the downtown and the surrounding communities.
00:01:02.500And then there would also be a provincial rail system connecting Calgary and Edmonton.
00:01:06.440And interestingly enough, there would also be a rail line connecting Fort McMurray and Grand Prairie,
00:01:11.240which isn't necessarily places I would have thought that would have a ton of foot traffic.
00:01:14.740But that's essentially what the plan promises to do.
00:01:16.960And the Premier has said that it will really help people who are in those morning commutes bumper to bumper.
00:01:21.840Let's actually play that clip now of the Premier talking about how this will help people in the morning who are, you know, hundreds of people commuting.
00:03:16.820They could have used that for other things like tax relief.
00:03:19.580Again, we're open to the idea of this being a good idea, but we would rather see private investment get behind it.
00:03:26.860And we're really leery about a ton of taxpayers' money being poured into plans that don't go anywhere.
00:03:32.780Like, for example, in eastern Canada, they've been talking about having a high-speed rail corridor between Quebec City and Windsor since before I was born, Rachel.
00:03:54.740But right now, we're just not seeing the demand and the reason for using taxpayers' money.
00:03:58.760So when we talk about government money being used here, there's already been $9 million earmarked for it.
00:04:04.520The government said that will be used for a cost-benefit analysis, which will include things like looking at the governance and delivery model,
00:04:10.620and will take into account future population growth and technology like hydrogen powertrains.
00:04:14.760We know the premier is so excited about hydrogen all the time.
00:04:17.380So that $9 million, that's really just being used for the study.
00:04:20.580Nothing's actually being built at that point.
00:04:58.340I didn't know about the Fort Mack element.
00:05:01.360I thought this was more just between the major commuter centers of Calgary, Edmonton, and a bullet train out to Banff for the fancy tourists.
00:05:10.860But don't know if it's worth it for the amount of population density.
00:05:14.880Quite often, just speaking anecdotally, and I don't know if this has been the case of the Alberta government, of course, when I have friends who typically work in big industries or government and they go to Europe for a long time, they come back in love with trains.
00:05:27.320And they're like, why can't we have that here in Canada?
00:05:30.440Well, Canada is gigantic and we have a really low population density compared to Europe.
00:05:36.580And so this is where often it doesn't fit.
00:05:38.800Again, if they can pull this off and it's under budget and they're not using taxpayers' money to a great extent and they've got a lot of private investment, power to them.
00:05:46.680That'd be really cool, especially something like a train out to the airport.
00:05:49.940I know a lot of people would use that, but again, we're really leery and really hesitant no matter which government is doing it.
00:05:57.740I can definitely see the argument for a train to the airport, but I think one thing I think about is, you know, taking a train out to Banff or to Jasper.
00:06:05.540What are you going to do when you get there?
00:06:24.520And then, of course, we get into the questions of what happens when you get off the train in Banff and then you want to go fancy skiing or fancy sightseeing up in the mountains.
00:06:33.020Is there going to be a train that takes you up there?
00:06:35.220Is there going to be some sort of taxpayer-funded bus service that uses hydrogen?
00:06:38.760Like, there's all sorts of kind of knock-on effects and cascading effects that can come from this sort of thing.
00:06:44.240Again, Alberta is beautiful and taking a train is really pretty.
00:08:16.760Every few months they put out a big analysis and they say that around 50%, give or take, a little bit of variability across provinces,
00:08:24.900but around 50% of Canadians are within $200 every month of bankruptcy, meaning not being able to make the minimum payments on all their bills.
00:08:52.420And the statistic that gets me all the time, and I'll try not to cry because I've got mascara on,
00:08:58.060is the language of working families are increasingly depending upon food banks.
00:09:03.800What that really means in normal people talk is that a parent who's holding down a job is counting on donated jars of peanut butter to feed their kid.