One word... why?
The bering strait is 600 miles away from anything remotely major, that being Anchorage. On the other side, Magadan and Yakutsk are over a thousand miles away, and both are about the same size as Regina.
The only possible use would be tourism and shipping. But with shipping, is it really any quicker or more efficient than an ocean liner?
Sounds like an international white elephant to me.
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