Alaska-Alberta Railway Development Corporation

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Alaska-Alberta Railway Development Corporation
Overview
Other name(s)A2A Rail
StatusPre-construction
OwnerMcCoshen Group
TerminiDelta Junction, Alaska
Fort McMurray, Alberta
Connecting linesAlaska Railroad
Canadian National Railway
Websitehttps://a2arail.com/
Service
Typeinternational freight
Technical
Track length1,600 mi (2,600 km)
Number of trackssingle with passing sidings[1]
Track gauge1,435 mm (4 ft 8+12 in) standard gauge

The Alaska-Alberta Railway Development Corporation (also known as A2A for Alaska to Alberta) is an entity created to build, own, and operate a proposed 2,600-kilometre (1,600 mi) railroad between Delta Junction, Alaska, and Fort McMurray, Alberta.[2] The railroad will interchange with and operate on part of the Alaska Railroad, in order to access Southcentral Alaska and its ports. As of 2020 the project was estimated to cost CA$20 billion.[2][non-primary source needed] A rival enterprise, G7G Railway, estimated in 2020 the capital cost to be just under US$20 billion. They proposed shipping oil, via the Trans-Alaska Pipeline, from rail cars in Delta Junction to the coast.[3]

As of 2021, the company was put in receivership and the project was on hold due to financial irregularities between the A2A president and main financial backer Bridging Finance.[4]

Route[edit]

The A2A intends to connect the isolated Alaska Railroad (above) and the rest of the North America via connections in Alberta to the Canadian railway network (below)

The proposed A2A railway would connect to the Alaska Railroad at Delta Junction, Alaska, and run through the Yukon to Fort Nelson, British Columbia, and from there to a terminus at Fort McMurray, Alberta.[5] The A2A Railway had also been negotiating with the Mat-Su Borough on an agreement to complete the Port Mackenzie Railway Extension.[3]

Planning and construction[edit]

The Van Horne Institute studied the route in 2013.[6][7] A survey of the proposed route by the development corporation began in July 2020.[8]

On September 25, 2020, US President Donald Trump announced he would issue a presidential permit to the railway,[1] which has an agreement with Alaska Railway[9] to develop a joint operating plan for the rail connection to Canada.

In July 2020, the company expected to start early field activities and detailed engineering design by Q1 2021.[10][needs update] Construction is expected to take three years.[1]

Bridging Finance and Receivership[edit]

In 2021, the Ontario Securities Commission began investgating irregularities in the business dealings between the main financier of the A2A project, Bridging Finance, and A2A's president, Sean McCoshen. With the investigation underway, both Bridging Finance and the Alaska-Alberta Railway Development Corporation have been placed under receivership, with McCoshen no longer appearing on the A2A website as an officer of the company. Work on the project is on hold until new financing can be found, with the project in danger of being abandoned.[4]

See also[edit]

References[edit]

  1. ^ a b c "Trump gives approval for Alberta-Alaska rail line to move resources". Must Read Alaska. 2020-09-25. Retrieved 2020-09-26.
  2. ^ a b "Our Railway". A2A Rail.com. Alaska to Alberta Rail. Retrieved 15 July 2020.
  3. ^ a b Anderson, Dennis. "Is Alberta to Alaska Railway Port Mac's Sugar Savior?". frontiersman.com. Mat-Su Valley Frontiersman. Retrieved 21 July 2020.
  4. ^ a b Ellis, Tim. "'Boondoggle': financial woes may jeopardize proposed Alaska-Canada railroad project". KTOO. KUAC-Fairbanks. Retrieved 12 February 2022.
  5. ^ "Ambitious railway dream is gathering steam". Whitehorse Star. 2020-07-10. Retrieved 2020-09-26.
  6. ^ Azizi, Joshua (5 July 2019). "Group aims for Canada-Alaska railway through Yukon". Yukon News. Retrieved 29 September 2020.
  7. ^ "Alberta to Alaska Railway" (PDF). Pacific NorthWest Economic Region. Van Horne Institute. Retrieved 29 September 2020.
  8. ^ Cuenca, Oliver. "Alberta – Alaska railway surveying to proceed". International Railway Journal. International Railway Journal. Retrieved 15 July 2020.
  9. ^ "ENGINEERING SPOTLIGHT: A2A Rail aims to carve out railway corridor between Alberta, Alaska". Journal of Commerce by ConstructConnect. 2019-07-15. Retrieved 2020-09-26.
  10. ^ "With start of surveying activities, A2A Rail achieves another development milestone". Cision. CNW Group Ltd. July 7, 2020. Retrieved 23 August 2020.