Financial Post | How an oil tycoon plans to transform the iconic mountain town of Banff

March 21, 2024

Adam Waterous and his wife are behind a plan to build a passenger rail line connecting Calgary to Banff and service with it an environmentally friendly, hydrogen-powered train.


Rocky Mountain Outlook | Banff’s planning commission gives thumbs up to railway lands proposal

March 20, 2024

Banff’s Municipal Planning Commission has voiced support for redevelopment plans to revitalize the train station lands.


Calgary Herald | Opinion: Government needs to put the airport-Banff train in gear

December 28, 2023

This year was very impactful for the Calgary Airport – Banff Rail (CABR) Project. Progress was made toward the adoption of CABR as a solution for express rail service between the Calgary airport to downtown, with scheduled service to Banff.


Calgary Herald | Opinion: Banff park plan for train from Calgary is transformative

December 1, 2023

Banff National Park is no stranger to change, both radical and incremental.


Calgary Herald | New Calgary airport CEO voices support for proposed downtown rail link

September 6, 2023

Chris Dinsdale said ‘the sooner the better’ when asked about the proposed rail link.


Rocky Mountain Outlook | Province announces $3 million feasibility study of Calgary-Banff passenger rail project

July 17, 2023

The proposed Calgary-Banff Passenger Rail project inched towards becoming a reality this week, with the UCP government announcement of a $3 million study.


Rocky Mountain Outlook | Mayoral panel discusses impacts of Banff-Calgary passenger rail

 June 23, 2023

“This is a project that’s going to develop the region. It’s not one municipality, it’s each municipality within a region and how they support each other.”


Cochrane Now | Alberta budget includes $5 mil for Calgary Airport Banff Rail project

March 4, 2023

The Alberta government has included $5 million in its 2023-24 budget to advance the development of the Calgary Airport Banff Rail (CABR) heavy rail project.


CTV News Calgary | Banff tourism report seeks fewer private vehicles, more public transit in park

January 25, 2023

Banff tourism officials have joined the call for better management of visitor traffic in the most heavily visited parts of the national park.


Parks Canada Expert Panel aligns with Banff Eco-Transit Hub Vision

December 5, 2022

Parks Canada shared the final report from the Expert Advisory Panel on Moving People Sustainably in the Banff Bow Valley. The Banff Eco-Transit Hub can accelerate the Expert Panel’s long-term vision.


Calgary Sun | Proposed hydrogen-powered train to Banff gets boost from Premier Smith

November 15, 2022

A proposed hydrogen-powered passenger rail line between the Calgary International Airport and Banff is receiving fresh priority from the provincial government.


CBC | Build a train to YYC and Banff, premier writes to Calgary mayor

November 15, 2022

Premier Danielle Smith has written to Mayor Jyoti Gondek, saying she wants to work with the city on expanding the LRT system to the Calgary International Airport.


RBC Capital Markets | ESG in Infrastructure, Case Study Calgary Airport-Banf Rail Project

March 24, 2022

RBC Capital Markets is supportive of the CABR project and its long-term economic, social, and environmental benefits.


Forbes | The West Must Tackle Its Energy Consumption, Says CEO of Waterous Energy Fund

January 12, 2022

According to Adam Waterous, the head of Waterous Energy Fund, efforts that promise to tackle greenhouse-gas emissions by eliminating gas and oil are overlooking critical issues.


The Globe and Mail | Canada Infrastructure Bank consider investing in $1-billion Calgary-Banff rail plan

July 15, 2021

The Canada Infrastructure Bank will consider financing up to half of a $1-billion project to create a passenger train service between the Calgary airport and Banff, with a start date as early as 2025.


CBC | Plans for passenger train linking Calgary airport and Banff come into sharper focus

July 15, 2021

Invest Alberta, the provincial government’s investment attraction Crown corporation, announced it had reached a detailed memorandum of understanding (MOU) regarding the rail passenger project alongside Alberta Transportation and the Canada Infrastructure Bank (CIB), a federal Crown corporation.


Calgary-Banff Rail Passenger Project Enters Development Phase

July 15, 2021

Calgary – Invest Alberta Corporation (Invest Alberta), the Government of Alberta’s Ministry of Transportation (Alberta Transportation) and the Canada Infrastructure Bank (CIB) are pleased to announce a detailed MOU to continue to advance the project. The CIB has reaffirmed support for the project and will continue to consider a long-term investment.


New study shows Banff National Park has highest transportation greenhouse gas emissions of any National Park in North America

November 23, 2020

A new research report shows that Banff National Park, the 6th most visited National Park in North America, has transportation greenhouse gas emissions (GHG) five times higher than the Grand Canyon, the National Park in the U.S. with the highest transportation-based emissions. The report also highlights that Banff National Park has per visitor transportation GHGs that are 63 times higher than Zion National Park.


CBC | Oil and gas know-how looks to alternatives in a business-led push to address climate change

November 20, 2020

Jan Waterous, Managing Partner for Liricon Capital, spoke with CBC’s senior business reporter Don Pittis about how BANFF NATIONAL PARK NET ZERO 2035’s approach can both cut greenhouse gas emissions and improve the visitor experieince. Click below to read an excerpt from the larger article.


The Globe and Mail | Banff train proposal picks up steam

November 19, 2020

Reporter Kelly Cryderman spoke with BANFF NATIONAL PARK NET ZERO 2035 Working Group members Jan Waterous, Managing Partner for Liricon Capital, and David Knight Legg, CEO of Invest Alberta, about a range of proposed public transportation initiatives for Banff National Park.


Transforming Banff into North America’s first net-zero emissions community

November 2020

Discover how initiatives such as a shuttle-only service to key points of interest, passenger rail and aerial transit have the potential to significantly decrease transportation and overall greenhouse gases within a park system. Download a summary of a recently published report on solutions that can be applied to Banff National Park.


Meet our Working Group

September 2020

Insights from Banff’s biggest employers, the Town and its Federal and Provincial government counterparts, leading academics, and more will help us better understand actions that can help this tourist town transition to net zero and create transformational solutions valuable to communities across Canada.


We are not a think tank,
We are a do tank.