Here as an alternative that I've considered...
Instead of tying in to existing track north of the Fraser, this would be a new line originating in downtown Vancouver (exact route omitted as it's not important for this discussion), and travelling down Kingsway until it reaches the Edmonds area. From there it would swing over to Uptown New West and continue down the hill, intersecting with the Expo Line at New West Station. It would then cross the Fraser in a tunnel and head down Scott Road until 72nd.
This line would could accomplish several things:
1. With the Surrey-Langley extension, and potentially an additional Expo Line branch to Newton, ridership on the Expo Line will continue to grow. At some point (yes far in the future), capacity on the main trunk between Vancouver and New West will be strained. An additional line roughly parallel to the Expo Line, though farther south as it runs through Vancouver, would pick up the majority of downtown-bound passengers from South Vancouver (those who wouldn't otherwise be taking the Canada Line at least), and thus offer relief for the busiest portion of the Expo Line, as well as critical redundancy for our most important transit corridor.
2. Improved service for growing population areas, including Metrotown and Edmonds. Great densification opportunities along Kingsway. And Uptown New West, a transit-deserving area itself, is also tied into the network.
3. Scott Rd is the busiest bus corridor south of the Fraser. This route would offer a one-seat ride to downtown Vancouver, and with riders moved off of the Expo Line, would offer relief to the Expo Line as well.
A line like this might seem like overkill in the present, and wouldn't take priority over UBC, Hastings, North Shore, Willingdon, or even 41st/49th. But once we get there (2050? lol) we might be at the point where the Expo Line is nearing capacity and requiring relief. It could even be extended on the downtown side through Stanley Park to tie into the east-west North Shore line. Of course it would be an incredibly expensive undertaking but hopefully we'll be in a better place as a society where such an investment can be easily justified (one can dream anyway).