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Originally Posted by Strait Shooter
Couple of points, the Feds. don't own the railroad tracks, the vast majority are owned by CP and CN with a right of easement 100 ft. on either side of the track for expansion. The Feds. may own the land but the railroads were built by CN and CP through a partial land swap agreement that has been in place for over 100 years. Ever wonder why there's a beautiful CP hotel in the heart of Banff and every CDN. major city? They didn't have to buy the property, they were given first dibs on the choice sites.
71% of oil and gas revenue is exported out of the province already, foreign entities may not be inspired to take on more trouble to increase that return.
The Trans-Mtn. pipeline is scheduled to triple the flow of crude oil to the W. coast for export shortly, taking the flow from 300k bpd to around 890k bpd. The Feds. currently own that pipeline, what u think will happen if AB. takes a hostile attitude to negotiations when their end goal is to drastically reduce oil sands production?
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You may find if you look deeper that rail lines are federal lands and yes they can be privately owned… just like your house sits on Alberta lands and is privately owned.
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It is not the most intellectual of the species that survives; it is not the strongest that survives; but the species that survives is the one that is able best to adapt and adjust to the changing environment in which it finds itself. Charles Darwin
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