Newfoundland and Labrador could one day be connected by tunnel.

The province has paid $750,000 for a study to determine the feasibility of constructing a tunnel between the two land masses. The tunnel would be built under the Strait of Belle Isle, at the shortest point between Pointe Amour on the Labrador coast and Yankee Point, located between Flowers Cove and Savage Cove.

Talk of building this tunnel has been ongoing for years, with a pre-feasibility study conducted back in 2004, which concluded that the construction of the tunnel would cost approximately 1.7 billion dollars and would take 11 years to complete.

The possibility remains that this extravagant cost could be covered by private investors rather than taxpayers should the tunnel be approved, as was the case with the Confederation Bridge that connects PEI to New Brunswick.

There might also be money available through the government, with the new Liberal Party interested in investing in infrastructures that will reduce carbon emissions, former N.L. Liberal Party president Danny Dumaresque told CBC News.

Supporters of the tunnel say it will have many benefits for the economy, including lowering food prices, creating jobs, and bringing in tourists.