The City of Calgary committed CA$1.56 billion (US$1.19 billion) over 30 years, contingent on support from the Federal and Provincial governments

Date December 15, 2015

Type Projects

Countries Canada

Subsectors Railway

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The City of Calgary committed CA$1.56 billion (US$1.19 billion) over 30 years, contingent on support from the Federal and Provincial governments

Similar updates

▶It has been announced that the first stage of Calgary’s Green Line light rail route is set to open by the end of 2026, following the CA$1.56 billion (US$1.19 billion) funding
▶The Government of Canada and the Province of Alberta announced funding from the federal Public Transit Infrastructure Fund for the development of the project
▶The International Finance Corporation has been appointed as lead arranger for the project and intends to directly provide a mix of senior and subordinated loans of up to €125-million, in addition to mobilising up to €275-million of debt from other institutions.

Related projects

▶Green Line Phase 1 LRT project in Calgary

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