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Will there be a need for rail expansion in the West?
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Expansion of rail anywhere is an expensive process. It will depend upon raw materials, willingness of government and the markets to invest in such expansion and the ability to use condemnation to obtain the necessary property in an economical manner. For example, the Alaska Railroad connection through Canada would require a significant investment particularly from government sources. The DM&E will depend upon private funding and government funding. As we can all see the DM&E hasn't gone too far on private equity alone. Typically building railroads is a very expensive affair, involving insolvency in many cases, little wonder that private investors are leery of the idea. <br /> <br />LC
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