Private investors could cover the costs of a transportation link between Edmonton and Calgary using pod vehicles that shoot through vacuum tubes, the Toronto-based company said. TransPod wants to start with a shorter link between Edmonton and its far-flung airport. (The Logic)

Talking point: A Transport Canada report concluded last year that hyperloop tech is too uncertain to outclass high-speed rail. TransPod’s summary of its own feasibility study for the Alberta government, released Friday, said an Edmonton-Calgary link would start yielding free cash flow of more than $1 billion a year by 2032 by capturing 39 per cent of passenger traffic between the cities. Its full 350 kilometres of tubes and stations would cost $29.1 billion up front, but TransPod says it doesn’t need public money. The feasibility study took a bit of heat for saying in one place the project would create 140,000 full-time jobs—but elsewhere that’s 15,556 jobs times nine years of work.