The CNC would be a multi-use corridor infrastructure megaproject spanning Canada's east-west mid-latitude with several northern spurs, approximately 7,000 to 10,000 km long and costing roughly $100–150 billion.
In a press release issued simultaneously, the Committee called the NC concept a visionary project that could unlock extraordinary economic potential.
In May 2016, the University of Calgary School of Public policy and CIRANO published a paper examining the potential for a Transportation Corridor (the Canadian Northern Corridor™) which would encompass an established right of way for transportation infrastructure based on local consultation and the negotiation of appropriate land usage rights.
The initial paper also outlined the range of issues that required detailed study to determine the Corridor's viability.
Additional scholarly work on the subject, coordinated by the University of Calgary, School of Public Policy, is intended to follow from this initial paper.