I have a good friend who works at Stantec, which is the company responsible for the feasibility study. Spring 2007 the Calgary & Edmonton Railway Company (I believe this is the tentative name of the company) purchased the land in both downtown Edmonton and downtown Calgary to complete the corridor. They now have the right of way purchased from Calgary right up to Edmonton.
The ticket price used in the feasibility study was $50 each way. Long term they are looking at stops along the small towns between Calgary and Edmonton. THe goal is to provide a 45 minute commute from Red Deer to downtown Calgary with stops two to three stops at smaller towns along the way.
I actually have a survey drawing from around the Olds area that shows the railway right of way with the owner showing Calgary & Edmonton Railway Company. I have no idea if they have a timeline in place yet, or even a formal go ahead
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