Jeff Davison calls YYC to Banff rail link a huge opportunity for Calgary’s Downtown
July 20, 2021
Annual economic benefit would be equal to three Calgary Stampedes
CALGARY, AB - July 20, 2021 - City Councillor and Chair of the City’s Transportation and Transit Committee Jeff Davison is calling on City Administration to immediately identify options for a downtown Calgary stop on the proposed Calgary-Banff passenger rail project. The call comes in response to recent action by the Province of Alberta and the Canada Infrastructure Bank on the project.
According to estimates by Calgary Economic Development, a downtown rail stop could generate $1.2 Billion in increased visitor spending annually. That’s the economic equivalent of three Calgary Stampedes.
“A downtown stop on the Calgary airport to Banff passenger rail project is a great way to bring new business investment and opportunity to Calgary. A downtown stop helps diversify our economy by significantly expanding our tourism industry,” says Davison.
“Given the impact of this project on tourism and jobs, and that the needed infrastructure is already in place in Calgary, it is absolutely vital that Calgary City Council and Administration immediately consider options for a downtown stop.”
Davison added: “The Calgary-Banff passenger rail project perfectly complements other important initiatives that are restoring our downtown including the new Event Centre, upgrades to the BMO Convention Centre, support for Arts Commons, and the new Downtown Strategy to fill office spaces.”
The proposed Notice of Motion:
- Directs the City Manager and Downtown Strategy team to engage the Calgary Municipal Land Corporation and Calgary Planning Department to assess the feasibility of a downtown stop.
- Further directs the Mayor of Calgary to write a letter of support to the Premier, Minister of Transportation, and Minister of Jobs, Economy and Innovation highlighting Calgary’s support for the project and endorsing a line from YYC International Airport, a stop in Downtown Calgary, and line to the Banff townsite.
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